Decision details

Medium Term Financial Outlook

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report sets out the overall financial position facing the Council and highlights the significant risks, issues and uncertainties.

Decision:

Cabinet RESOLVED:

 

(1)     To note the contents of the report and the potential financial impact on the Council’s Medium Term Financial Strategy.

 

(2)     To agree the budget setting process for 2022/23, including the approach to consultation and scrutiny, as set out in section five of the report.

 

(3)     To note and agree the proposed 2020/21 capital budget carry forwards and capital virements, as set out in section six of the report.

 

(4)     To note the financial position with regards to the Housing Revenue Account, as set out in section seven of the report.

 

(5)     To note the financial position with regards to Schools and the Dedicated Schools Grant, as set out in section eight of the report.

Reason Key: Affects more than 2 wards;

Wards Affected: (All Wards);

Contact: Ravinder Jassar, Head of Finance Email: ravinder.jassar@brent.gov.uk Tel: 0208 937 1487.

Report author: Ravinder Jassar

Publication date: 19/07/2021

Date of decision: 19/07/2021

Decided at meeting: 19/07/2021 - Cabinet

Effective from: 27/07/2021

Accompanying Documents: