Issue - decisions

Financial Monitoring Quarter 3 Report

08/03/2017 - Financial Monitoring Quarter 3 Report



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.