Issue - meetings

That having considered the Revenue Budget Monitoring 2020/21 (Month 4) report, the Committee confirms that there are no specific matters which it wishes to have reported to the Cabinet.

The Corporate Finance Manager delivered a presentation which covered the following key areas:

• Revenue Budget Monitoring 2020/21
• Budget monitoring 2020/21 – Assumptions
• Council Tax and Council Tax Reduction Scheme (CTRS)
• Claims update – additional costs
• Claims update – income loss

The Corporate Finance Manager presented  a copy of the report on Revenue Budget Monitoring 2020/21 (Month 4) which had been  presented to Cabinet on 22 September 2020 and was appended to the report.

Councillor Richard Jones raised a query on the information provided under significant variances this month and referred to the information in Table 1 of the report under Streetscene and Transportation.  In his response the Corporate Finance Manager explained that a full breakdown of the figures provided was detailed in appendix 1 of the report.  Councillor Jones suggested that an additional column be added to Table 1 to report on income level over/under (in year over and underspend).  In his response the Corporate Finance Manager agreed to give the suggestion further consideration for future reports.

Referring to the comments made by Councillor Jones, the Chief Executive cited an example of how the Council was actively managing risk within the Streetscene and Transportation area.  The Chief Executive advised that the Council was in negotiation with the Welsh Government to recover income loss where possible, however not all claims might be eligible.

The recommendation in the report was moved by Councillor Richard Jones and duly seconded. 

RESOLVED:

That having considered the Revenue Budget Monitoring 2020/21 (Month 4) report, the Committee confirms that there are no specific matters which it wishes to have reported to the Cabinet.