Issue - meetings

Financial Monitoring Quarter 3 Report

Meeting: 11/03/2020 - Cabinet (Item 125)

125 Financial Monitoring - Quarter 3 2019/20 pdf icon PDF 172 KB

To consider the report of the Cabinet Member for Performance and Resources seeking Members to note year-end forecasts and progress made against agreed savings targets for the 3rd Quarter ended 31st December 2019.

Additional documents:

Decision:

RESOLVED it be noted that:

 

(1)  the forecast year end position is currently for an increase to the Council’s General Fund balance of £55k against a budgeted decrease of £91k

 

(2)  the details of specific budgetary issues identified by officers and the actions being taken to address those issues

 

(3)  the current level of Capital expenditure as shown in Appendix 2 of the report.