Issue - meetings

Budget monitoring - to monitor the budget

Meeting: 08/03/2022 - Cabinet (Item 99)

99 Budget monitoring pdf icon PDF 294 KB

To consider the head of finance’s report. 

Additional documents:


Cabinet considered the head of finance’s report, being the 2021/22 budget monitoring report for the period up to 30 November 2021. 


The Cabinet member for finance reported that there had been a revenue and capital underspend, much of which had been included in the budget carry forwards to 2022/23. 


In relation to The Beacon at Wantage, the Cabinet member reported that there had been an under-receipt of income due to the facility being closed to the public for community use during most of the Covid-19 pandemic.  However, the facility had been used as a vaccination centre.  In relation to waste services, there was not a reportable variance due to the service being successfully operated during the pandemic, which was welcomed. 


Cabinet welcomed the report but asked that in future, further explanations were given for variances.  These should be written in plain English as these reports would be published. 


RESOLVED: to note the 2021/22 budget monitoring report, for the period up to 30 November 2021.