Issue - meetings

Financial Monitoring Quarter 1 Report

Meeting: 04/12/2019 - Cabinet (Item 78)

78 Financial Monitoring Quarter 2 2019/20 pdf icon PDF 169 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 2nd Quarter ended 30th September 2019.

Additional documents:

Decision:

RESOLVED it be noted that:

 

(1)  the forecast year end position is currently for a decrease to the Council’s General Fund balance of £222k 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.

 

Minutes:

Cabinet considered the report of the Cabinet Member for Performance and Resources that sought Members to note year-end forecasts, and progress made against agreed savings targets for the 2nd Quarter ended 30th September 2019.

 

The Cabinet Member for Performance and Resources summarised the position in each portfolio.  The Cabinet Member for Culture and Leisure noted that the overspend in his own portfolio was relatively small.  He commented that it should be seen in the light of the successful relocation of the Tourist Information Centre and advised them of increasing footfall in the Museum of Gloucester and staff efforts to raise income.  The Cabinet Member for Planning and Housing Strategy expressed disappointment that the major project planning fees expected had not been received and stated that these were beyond the control of the Council.  The Cabinet Member for Environment reminded Members that this reporting period ended in September so that the positive impact of the recent arrangement with the environmental and waste services contractor Amey was not reflected in the report.

 

 

RESOLVED it be noted that:

 

(1)  the forecast year end position is currently for a decrease to the Council’s General Fund balance of £222k 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.

 


Meeting: 11/09/2019 - Cabinet (Item 37)

37 Financial Monitoring Quarter 1 2019/20 pdf icon PDF 165 KB

To consider the report of the Cabinet Member for Performance and Resources seeking for year-end forecasts, and progress made against agreed savings targets for the 1st Quarter ended 30th June 2019 to be noted.

Additional documents:

Decision:

RESOLVED that it be noted that:

 

(1)  the forecast year end position is currently for a decrease to the Council’s General Fund balance of £131k 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.

 

Minutes:

Cabinet considered the report of the Cabinet Member for Performance and Resources that sought for the year-end forecasts, and progress made against agreed savings targets for the 1st Quarter ended 30th June 2019 to be noted.

 

The Cabinet Member for Performance and Resources summarised the position in each portfolio and placed them in the context of an overall positive trend.

 

RESOLVED that it be noted that:

 

(1)  the forecast year end position is currently for a decrease to the Council’s General Fund balance of £131k 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.