Issue - meetings

Quarter 1 Monitor Report

Meeting: 19/10/2021 - Housing Committee (Item 9)

9 Quarter 1 Monitor Report pdf icon PDF 120 KB

Additional documents:

Minutes:

The Senior Finance Business Partner introduced a report on behalf of the Director of Regeneration and Place which provided a summary of the projected year-end revenue and capital position for Housing Committee as at the end of Quarter 1 (June 2021) of the 2021/22 financial year.

 

The report provided Members with an overview of budget performance to enable the Committee to take ownership of their specific budgets and provide robust challenge and scrutiny to Officers on the performance of those budgets.

 

Resolved – That:

 

1)  the projected year-end revenue forecast variance of £0.155m favourable position as reported at quarter 1 (Apr-Jun) of 2021-22 be noted;

 

2)  progress on the achievement of approved savings and the projected year-end forecast position at quarter 1 (Apr-Jun) of 2021-22 be noted;

 

3)  the reserves allocated to the Committee for the future one-off commitments, as set out at paragraph 3.9 of the report, be noted; and

 

4.  the projected year-end capital forecast expenditure position of £7.976m as reported at quarter 1 (Apr-Jun) of 2021-22, be noted.