Agenda item

The following recommendations were made by Cabinet to Full Council at the meeting held on 6^th September:

a)    Agenda item 9: Outturn Report 2021/2022

RESOLVED

To recommend the following to Full Council:

1.     The provisional outturn position for the General Fund revenue account for 2021/22;

2.     The transfers to and from reserves as detailed within the report (and appendix C) along with the corresponding updates to the 2022/23 budget;

3.     Allocate the surplus of £615,740 to the General Reserve;

4.     The financing of the 2021/22 capital programme as detailed within the report and at Appendix D;

5.     The balance on the General Reserve of £2.33 million;

6.     The updated capital programme for 2022/23 to 2025/26 and scheme financing as outlined within the report and detailed at Appendix E;

7.     The roll-forward requests as outline in Appendix G are approved.

b)    Budget Monitoring 2022/2023 – Period 4

To recommend to Full Council that £130,000 is released from the Major Repairs reserve to increase the existing capital budget for Fakenham Connect

c)     Treasury Management Annual Report 2021/2022

RESOLVED

To recommend that Council be asked to resolve that the Treasury Management Annual Report for 2021/22 is approved.

d)    Debt Recovery 2021/2022

RESOLVED

To recommend to Council the approval of the annual report giving details of the Council’s write-offs in accordance with the Council’s Debt Write-Off Policy and performance in relation to revenues collection.

The following recommendations were made by Cabinet to Full Council:

1.    Outturn Report 2021/2022

It was proposed by Cllr E Seward, seconded by Cllr P Heinrich and

RESOLVED to approve:

a)  The provisional outturn position for the General Fund revenue account for 2021/22;

b)  The transfers to and from reserves as detailed within the report (and appendix C) along with the corresponding updates to the 2022/23 budget;

c) Allocate the surplus of £615,740 to the General Reserve;

d)  The financing of the 2021/22 capital programme as detailed within the report and at Appendix D;

e) The balance on the General Reserve of £2.33 million;

f)  The updated capital programme for 2022/23 to 2025/26 and scheme financing as outlined within the report and detailed at Appendix E;

g) The roll-forward requests as outline in Appendix G are approved.

One member abstained.

2.    Budget Monitoring 2022/2023 – Period 4

It was proposed by Cllr E Seward, seconded by Cllr L Shires and

RESOLVED

That £130,000 is released from the Major Repairs reserve to increase the existing capital budget for Fakenham Connect.

Cllr J Rest voted against. One member abstained.

3.    Treasury Management Annual Report 2021/2022

It was proposed by Cllr E Seward, seconded by Cllr R Kershaw and

RESOLVED

To approve the Treasury Management Annual Report 2021/2022

One member abstained.

4.    Debt Recovery 2021/2022

It was proposed by Cllr E Seward, seconded by Cllr P Heinrich and

RESOLVED

To approve the annual report giving details of the Council’s write-offs in accordance with the Council’s Debt Write-Off Policy and performance in relation to revenues collection.