Agenda item

Joint report of the Chamberlain, Director of the Built Environment, Director of Markets and Consumer Protection and Director of Open Spaces.

The Committee noted a joint report of the Chamberlain, Director of the Built Environment, Director of Markets and Consumer Protection and Director of Open Spaces regarding the Revenue Outturn 2020/21.

Highlights included an underspend of £2.2m, £1m had been put into a reserve fund for the ports due to Brexit implications and all had been done to secure grants with successful bids for waste cleaning and recycling.

A Member saw lots of the savings to be opportunistic and questioned how much of underspend was planned and could be implemented in the future. Officers agreed some of the extra income was opportunistic and they would take advantage when possible. The Business Plan was being prepared and would take budgeting, the expansion of ports and late trade issues not yet budgeted for into account. Some of the reserve transfer due to £300k in grant funding from Defra and would be carried over to next year and ringfenced.

Members were reminded that the accounts must always be cost neutral hence the move to the reserve fund.

RESOLVED, that the report be noted and carry forward the local risk underspending to 2021/22.