Issue - meetings
Corporate Revenue and Capital Budget Monitoring Q2 2015/16
Meeting: 05/01/2016 - Cabinet (Item 5)
5 Corporate Revenue and Capital Budget Monitoring Q2 2015/16 
PDF 125 KB
Additional documents:
- 5.6b Appendix 1 - Control Budget 2015-16 Q2 v2, item 5
PDF 56 KB
- 5.6c Appendix 2 - Summary by Service Area, item 5
PDF 64 KB
- 5.6d Appendix 3 - HRA, item 5
PDF 20 KB
- 5.6e Appendix 4 - Capital Q2, item 5
PDF 72 KB
- Webcast for Corporate Revenue and Capital Budget Monitoring Q2 2015/16
Decision:
DECISION
1. To note the Council’s revenue and capital financial performance compared to budget for 2015/16 as detailed in Sections 3 to 6 and Appendices 1-4 of this report.
Action by:
CORPORATE DIRECTOR, RESOURCES (Z. COOKE)
(Chief Accountant (K. Miles)
Minutes:
Councillor David Edgar, Cabinet Member for Resources, introduced the revenue and capital budget monitoring report. He highlighted that the revenue budget was forecast to break even for the year. However, there were some pressures in Children’s and Adults’ services with particular concerns around social care packages and home care services. He also noted the underspend in the Housing Revenue Account and his concern that only 23% of the capital budget had so far been spent and it was important to not delay spending on supporting priority services to residents. Work was needed to improve that performance.
The Mayor agreed the recommendation as set out in the report.
RESOLVED
1. To note the Council’s revenue and capital financial performance compared to budget for 2015/16 as detailed in Sections 3 to 6 and Appendices 1-4 of this report.