Cabinet considered the report and RESOLVED to:
1. Note the final outturn position for 2019/20 (subject to finalisation of the statutory Statement of Accounts) of a £0.096m underspend on the Council’s revenue budget;
2. Note the reserves position outlined in section 6 and Appendix B, which includes a contribution to the capacity building reserve of £0.096m, as a result of underspend in the revenue outturn report details contained in Appendix A to the report;
3. Note the implications of the COVID-19 pandemic on the Council’s financial position, as outlined within section 5 of the report and Appendix E to the report;
4. Note the outturn spending of £64.3m in the Council’s capital programme in 2019/20 outlined in section 7 of the report;
5. Note the performance against the prudential indicators outlined in Appendix C to the report;
6. Note the performance on the payment of creditors, collection performance for debtors, local taxation and benefit overpayments outlined in Appendix D to the report.