The Chief Executive introduced the report which set out the revenue and capital outturn position for 2021/22. She drew attention to page 30 of the agenda pack which showed the variances by service.

The Chair proposed the recommendations and was seconded by Councillor Alan Horton.

Resolved:

(1)          That the revenue underspend of £104,200 be noted.

(2)          That delegation be given to the Director of Resources to allocate the uncommitted underspends to the Budget Contingency Reserve.

(3)          That the capital slippage of £9,394,080 and capital expenditure of £6,082,880 against the Revised Budget as detailed in Table 4 and appendix I of the report be noted.

(4)          That the capital rollovers of £8,885,200 as detailed in appendix I of the report be approved.