Decision details

Financial Monitoring Quarter 1 Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To receive an update on financial monitoring information for the first quarter 2015/16.

Decision:

RESOLVED:

 

1.    That it be noted that the savings achieved in year to date total £851k and a further £584k of savings are in progress.

 

2.    That it be noted that the forecast year end position is currently for a reduction to the Council’s General Fund balance of £554k.

 

3.    That the actual and expected levels of income for the Council shown at Appendix 3 be noted.

 

4.    That the details of specific budgetary issues identified by Officers and the actions being taken to address these issues be noted. 

Report author: Jon Topping

Publication date: 16/09/2015

Date of decision: 16/09/2015

Decided at meeting: 16/09/2015 - Cabinet

Effective from: 24/09/2015

Accompanying Documents: