Issue - meetings

To report on the revenue and capital outturn position for 2019/20, provide and update on progress with the preparation of the draft annual statement of accounts for 2019/20, approve the revenue and capital carry-forward requests to the 2020/21 year and inform the Committee that the Policy and Performance Committee were tasked with considering significant variances in the financial outturn against revised revenue estimates for 2019/20. This is in accordance with the Council’s objective to deliver value for money.

The accounts for 2019/20 had been finalised, subject to audit, and showed an

underspend on the General Fund revenue account of £362,388 and an underspending on the Housing Revenue Account (HRA) of £898,758 when compared to the revised estimates. It was hoped that the final, audited 2019/20 accounts would be presented forapproval to the Governance, Audit and Standards Committee on 21 September 2020. Members discussed the various reserves budgets. The reserve budget in respect of Noise Pollution Equipment replacement, was queried as new apps were now available

which were admissible in court and would reduce costs. Environmental Health would look at this matter and report back to this Committee. Further information regarding Central support charges (CSCs) to Civic Affairs was requested as was clarification on the transport study. A written answer would be provided.

RESOLVED that:

1.     The accounts summary for the financial year ended 31 March 2020 subject to audit, be approved.

2.     The revenue carry forward requests outlined in section 2 of appendix 1 be approved and included as supplementary revenue estimates in the 2020/21budget.

3.     The capital carry forward requests outlined in appendix 2b be approved and included as supplementary capital estimates in the 2020/21 budget.