Decision details
Financial Monitoring Quarter 3 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 third quarter 2016/17.
Decision:
RESOLVED:
1. The savings achieved in year to date total £446k with a further £283k in progress.
2. The forecast year end position is currently for a reduction to the Council’s General Fund balance of £109k, an improvement of £23k since Quarter 2.
3. The deficit position includes a proposed transfer to the Business Rates Reserve of £100k.
4. The details of specific budgetary issues identified by officers and the actions being taken to address those issues
5. The current level of Capital expenditure as shown on Appendix 2.
Report author: Jon Topping
Publication date: 08/03/2017
Date of decision: 08/03/2017
Decided at meeting: 08/03/2017 - Cabinet
Effective from: 16/03/2017
Accompanying Documents:
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