Issue - meetings

Capital Budget Monitoring 2021/22 - Round 2

 

 

Meeting: 16/11/2021 - Cabinet (Item 7)

7 Capital Budget Monitoring 2021/22 Round 2 pdf icon PDF 334 KB

Additional documents:

Minutes:

Background:

 

This report presented the results of the second round of the Council’s capital budget monitoring process for 2021/2022. The report explained that this forecasted an underspend of £2.464million. The report provided details of a proposed virement, as set out in section 5 of the report.

 

Decision number:

Decision:

The Cabinet noted the results of the second round of capital budget monitoring for 2021/22.


Reasons:

 

Cabinet has the responsibility to ensure effective budgetary control to contain expenditure within the approved limits set by Council.