Issue - meetings
Corporate Budget Monitoring - Month 6 (Q2 2016/17)
Meeting: 06/12/2016 - Cabinet (Item 5)
5 Corporate Budget Monitoring - Month 6 (Q2 2016/17) PDF 198 KB
Additional documents:
Decision:
DECISION
1. To note the Council’s revenue and capital forecast outturn position as detailed in Sections 3 to 7 of the report.
2. To note the balance sheet information in section 8 of the report.
3. To approve the proposed approach (as set out in the report) to addressing the shortfall against savings previously approved in relation to children’s services totalling £966K which cannot now be achieved
Action by:
CORPORATE DIRECTOR, RESOURCES (Z. COOKE)
(Chief Accountant (K. Miles)
Minutes:
Councillor David Edgar, Cabinet Member for Resources, introduced the report. In particular he highlighted the information on budget pressures, particularly related to changing demographics and inflation. He also drew attention to the new section of the report that set out whether agreed savings had been achieved and what mitigation measures were in place where those were necessary.
The Mayor agreed the recommendations as set out in the report.
RESOLVED
1. To note the Council’s revenue and capital forecast outturn position as detailed in Sections 3 to 7 of the report.
2. To note the balance sheet information in section 8 of the report.
3. To approve the proposed approach (as set out in the report) to addressing the shortfall against savings previously approved in relation to children’s services totalling £966K which cannot now be achieved