Issue - meetings
Corporate Budget Monitoring - Month 9 (Q3 2016/17)
Meeting: 07/03/2017 - Cabinet (Item 5)
5 Corporate Budget Monitoring - Month 9 (Q3 2016/17) 
PDF 399 KB
Additional documents:
- 5.9a Master Savings Tracker 2015-17 P9 Dashboard, item 5
PDF 110 KB
- 5.9b Appendix 1 - Master Savings Tracker 2015-17 P9, item 5
PDF 168 KB
- 5.9c Appendix 2 Capital Control Budget 2016-17 Q3, item 5
PDF 125 KB
- Webcast for Corporate Budget Monitoring - Month 9 (Q3 2016/17)
Decision:
DECISION
1. To note the Council’s Revenue and Capital financial forecast outturn position as at the end of December 2016 as detailed in Sections 3 to 8 of the report.
2. To note the summary savings position and management action being taken.
3. To note the summary Balance Sheet Information.
Action by:
CORPORATE DIRECTOR, RESOURCES (Z. COOKE)
(Chief Accountant (K. Miles)
Minutes:
Councillor David Edgar, Cabinet Member for Resources, introduced the report. He highlighted in particular that the report was suggesting an underspend of £700k for the year which was good news and also that the overall quality of the information provided in the report was improving including the addition of data on how well the Council was performing against proposed savings targets.
He also noted the pressures on certain services and the need to ensure Capital Spending plans were more realistically forecast.
The Mayor welcomed the report and agreed the recommendations as set out.
RESOLVED
1. To note the Council’s Revenue and Capital financial forecast outturn position as at the end of December 2016 as detailed in Sections 3 to 8 of the report.
2. To note the summary savings position and management action being taken.
3. To note the summary Balance Sheet Information.