Money Matters 2020/21 : Review of the Financial Performance against the Financial Strategy April to March 2021
1.1 Noted the report and issues raised within and that Leadership Team with Cabinet Members will continue to closely monitor and manage the Medium Term Financial Strategy.
1.2 Noted the transfers to or from general and earmarked reserves at 31 March 2021.
1.3 Noted that, in terms of the financial impact of COVID-19, there was a significant impact in 2020/21 with a projected lower financial impact in 2021/22 and potentially beyond.
1.4 Approved £762,000 of Capital Programme slippage related to
2020/21 being added to the Approved Budget in 2021/22 as outlined
at Appendix E of the report.
Cabinet recommended to Council:
1.5 To approve the actual 2020/21 Prudential Indicators contained within the report.