This report details the Quarter 3 (December 2018) monitoring position against the approved budget for the Revenue and Capital Spend for the financial year end 2018-19.

The report may also seek approval for any new capital projects that need to be progressed during 2018-19.

It also includes information on the councils progress against its saving targets and a number of general financial health indicators.

DECISION

1.            To note the Council’s projected outturn position against General Fund, Dedicated Schools Budget and HRA budgets agreed for 2018-19, based on information as at the end of December as detailed in the Appendices to the report.

2.            To note the summary savings position.

In respect of the new capital scheme proposals (Annex 1-2 to the report)

3.            Subject to the review and agreement of the Capital Board and member approval, note the increases for schemes identified in Annex 1 and the new schemes set out in Annex 2 of the budget monitoring report.

Action by:

CORPORATE DIRECTOR, RESOURCES (N. MURTON)

(Chief Accountant (K. Miles)