Issue - meetings

Monthly Budget Monitoring Report

Meeting: 24/09/2019 - Cabinet (Item 155)

155 Month 4 Financial Monitoring Report pdf icon PDF 400 KB

Additional documents:

Decision:

RESOLVED:

 

That the Council’s forecast revenue and capital budget positions for the year was noted.

 

Reason for decision:

 

This report was presented to comply with the agreed policy of providing a monthly budget monitoring report to Cabinet for approval of any necessary actions.

 

[The decisions on this item can be called in by the Resources & Performance Select Committee]

 

 

Minutes:

The Cabinet Member for Finance introduced the month four monitoring report and stated that the council was on target to reach the £200m target savings over the next year.  In response to a question he confirmed that recent Government announcements, on additional funding, would not have an impact on this financial year.

 

RESOLVED:

 

That the Council’s forecast revenue and capital budget positions for the year was noted.

 

Reason for decision:

 

This report was presented to comply with the agreed policy of providing a monthly budget monitoring report to Cabinet for approval of any necessary actions.

 

The decision was unanimous.

 

Miss Alison Griffiths left the room for 2 minutes at the end of this item.