The Committee gave consideration to a report that provided an update to the Budget Outlook 2020-21 to 2022-23 reported to the Policy and Resources Committee on 16 May 2019. The estimates within the report were based on the mid-range scenario with best and worst case scenarios noted in Appendix 1 to the submitted report.
Decision
The Policy and Resources Committee –
1. Noted the current estimated budget outlook position for the period 2020-21 to 2022-23.
2. Agreed to refer to council to agree the earmarking of the surplus budget in 2019-20 in relation to teachers pensions as a result of the decision by Scottish Government to defer the pension increase from 1 April 2019 to 1 September 2019.
(Reference: Report by Head of Financial Services dated 18 July 2019, submitted)