Issue - meetings
Corporate Monthly Budget Monitoring 2017/18 (Month 3/Q1)
Meeting: 19/09/2017 - Cabinet (Item 5)
5 Corporate Budget Monitoring 2017/18 (Month 3/Q1) PDF 358 KB
Additional documents:
- 5.17a Appendix 1 - Control Budget P3, item 5
PDF 45 KB
- 5.17b Appendix 2 - Earmarked Reserve, item 5
PDF 26 KB
- 5.17c Appendix 3 - Savings Tracker Detail, item 5
PDF 77 KB
- 5.17d Appendix 3 - Savings Tracker Summary, item 5
PDF 31 KB
- 5.17e Appendix 4 - Capital, item 5
PDF 57 KB
- 5.17f Appendix 5 - Mayoral Priority Growth Summary - 2017-20, item 5
PDF 39 KB
- Webcast for Corporate Budget Monitoring 2017/18 (Month 3/Q1)
Decision:
DECISION
1. To note the Council’s forecast outturn position against Revenue and HRA budgets agreed for 2017-18, based on information as at the end of June as detailed in Sections 3-10 of the report.
2. To note the summary savings position.
3. To endorse management action to achieve savings.
4. To note current position of balance sheet items.
5. To note Reserve Position.
6. To note the Capital forecast outturn position.
7. To agree to increase the capital estimate for the ICT Solution Handheld Devices by £0.45m to £1m in the capital programme.
Action by:
CORPORATE DIRECTOR, RESOURCES (Z. COOKE)
(Chief Accountant (K. Miles)
Minutes:
Councillor David Edgar, Cabinet Member for Resources, introduced the report. He highlighted the good news that there was currently an expected underspend in the general fund budget at about the level you would expect. There was also an underspend in the Housing Revenue Account. He noted pressure in some areas such as Children’s Services and Social Care.
He noted the section of the report setting out progress towards reaching agreed savings targets and a later section on Right to Buy sales.
The Mayor agreed the recommendations as set out in the report.
RESOLVED
1. To note the Council’s forecast outturn position against Revenue and HRA budgets agreed for 2017-18, based on information as at the end of June as detailed in Sections 3-10 of the report.
2. To note the summary savings position.
3. To endorse management action to achieve savings.
4. To note current position of balance sheet items.
5. To note Reserve Position.
6. To note the Capital forecast outturn position.
7. To agree to increase the capital estimate for the ICT Solution Handheld Devices by £0.45m to £1m in the capital programme.