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Details
Title:
Half Year Financial Performance 2021/22
Details:
Report of the Cabinet Member with responsibility for Resources
Implementation Date (not before):
Tue 2 Nov 2021
Implementation Date Notes:
This report provides Cabinet with an overview of the Council’s projected financial performance for the financial year 2021/22 in respect of the General Fund, Reserves, Housing Revenue Account (HRA), the Capital Programme, and the Collection Fund.
Specific coverage of the financial implications of the Covid-19 pandemic during 2021/22 is also included in the report.
Department:
Financial Services, Corporate Performance & Risk Management
Include Item on Forward Plan:
No
Estimated Cost:
Not Applicable
Background Papers:
See table in report for full details of background papers
Is the Decision Maker Aware of the Decision:
No
Is the Head of Services Aware of the Decision:
Yes
Is Decision County Wide:
Yes
Would the recommended decision be contrary to the budget and policy framework:
No
Budget Provision:
The key focus of the Financial Sustainability theme is the development, monitoring and achievement of the savings and income increases required to ultimately close the Council’s projected budget gaps.
Documents to be Given to Decision Maker:
None.
Decision Proposed:
1. That the Council’s financial position for the first half of 2021/22 together with projections of the full year outturn, reserve balances, and capital spend be noted.
2. That the areas of financial risk identified, the impact of which will be reflected in the Medium-Term Financial Strategy due to be considered by Cabinet in December, be noted.
3. That the additional financial commitments approved in the first half of the year and their impact on the General Fund and reserve levels be noted.
Decision Conclusion:
None.
Decision Criteria
This Decision does not contain any decision criteria records.
Wards
Aldeburgh and Leiston; Beccles and Worlingham; Bungay and Wainford; Carlford and Fynn Valley; Carlton and Whitton; Carlton Colville; Deben; Eastern Felixstowe; Framlingham; Gunton and St Margarets; Halesworth and Blything; Harbour and Normanston; Kelsale and Yoxford; Kesgrave; Kessingland; Kirkley and Pakefield; Lothingland; Martlesham and Purdis Farm; Melton; Orwell and Villages; Oulton Broad; Rendlesham and Orford; Rushmere St Andrew; Saxmundham; Southwold; Western Felixstowe; Wickham Market; Woodbridge; Wrentham, Wangford and Westleton
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
This Decision does not contain any Overview and Scrutiny records.
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Decision History
| 20/10/2021 11:28:43 | Alli Stone | Business Item Created | |
| 20/10/2021 11:28:43 | Alli Stone | Committee Added | Cabinet |
| 20/10/2021 11:28:43 | Alli Stone | Meeting Added | 02/11/2021 6:30PM |
| 20/10/2021 11:29:36 | Alli Stone | Ward Added | Aldeburgh and Leiston |
| 20/10/2021 11:29:36 | Alli Stone | Ward Added | Beccles and Worlingham |
| 20/10/2021 11:29:36 | Alli Stone | Ward Added | Bungay and Wainford |
| 20/10/2021 11:29:36 | Alli Stone | Ward Added | Carlford and Fynn Valley |
| 20/10/2021 11:29:36 | Alli Stone | Ward Added | Carlton and Whitton |
| 20/10/2021 11:29:36 | Alli Stone | Ward Added | Carlton Colville |
| 20/10/2021 11:29:36 | Alli Stone | Ward Added | Deben |
Approval/Comments
No history found.