Decision details

Financial Monitoring Quarter 2 Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes


To receive an update on financial monitoring information for the third quarter 201/1.




1.    The savings achieved in year to date total £366k with a further £363k in progress.


2.    The forecast year end position is currently for a reduction to the Council’s General Fund balance of £132k, an improvement of £125k since Quarter 1.


3.    The deficit position includes a proposed transfer to the Business Rates Reserve of £100k


4.    The actual and expected levels of income for the Council shown at Appendix 3.


5.    The details of specific budgetary issues identified by officers and the actions being taken to address those issues


6.    The current level of Capital expenditure as shown on Appendix 2.


Report author: Jon Topping

Publication date: 07/12/2016

Date of decision: 07/12/2016

Decided at meeting: 07/12/2016 - Cabinet

Effective from: 15/12/2016

Accompanying Documents: