Issue - meetings

Finance Director's report

Meeting: 25/01/2021 - Strata - Joint Executive Committee (Item 4)

4 Finance Director's report pdf icon PDF 37 KB

Additional documents:

Minutes:

TheStrataFinance Director presentedthereportadvising on the financial position of Strata.

 

In response to a Member, the StrataFinance Director clarified how and where the Strata savings had been identified.

 

RESOLVEDthatthereportbenoted.

 


Meeting: 11/01/2021 - Strata - Joint Scrutiny Committee (Item 5)

5 Finance Director's report November 2020 pdf icon PDF 37 KB

Additional documents:

Minutes:

The committee referred to the Strata Budget Monitoring report which detailed the financial position as at 30 November 2020.

 

The Company has been given a total of £6.60 million to run the IT Services in

2020/21 along with funding for various capital projects. The Company also

maintained an account for additional purchases throughout the year, which was invoiced to each Council based on actual purchases made.

 

Key variations from the revenue and capital budgets were detailed which resulted in savings of £500,000 and a further £320,000 and £282,000 identified to assist in the current Covid situation and the significant strain for all three authorities

 

This had been achieved with the addition of two service desk posts to address the increased demand on the service.

 

RESOLVED

The report be received and noted