Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
For Cabinet to note the financial monitoring report details including budget variances, year end forecasts and progress made against agreed savings targets for the 2nd quarter ended 30 September 2014. It also highlights some key performance indicators.
RESOLVED TO NOTE THAT:
(1) In year savings already achieved total £833k. This is an improvement on the previous position at Quarter 1 of £663k, meaning that savings of £170k have been achieved in Quarter 2.
(2) the forecast year end position for 14/15 is to increase the Council’s general fund balance by £320k.
Report author: Andrew Cummings
Publication date: 12/11/2014
Date of decision: 12/11/2014
Decided at meeting: 12/11/2014 - Cabinet
Effective from: 21/11/2014
Accompanying Documents: