Decision details

Financial Monitoring Quarter 3 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 2016/17.




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: