Issue - meetings

RESOLVED:

1.    That the amended capital budget of £122.1m which includes additional works in Epsom Town Centre funded by Epsom & Ewell Borough Council (£1.1m); be noted and approved.

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

Reason for decision

This report is 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 and Performance Select Committee]

The Cabinet Member for Finance gave a brief overview of the report which reflected progress to achieving a balanced budget without the use of reserves by the end of the financial year. He did however draw attention to two main areas which need continued attention: Special Education Needs & Disabilities and the growing number of residents requiring Adult Social Care services.

RESOLVED:

1.    That the amended capital budget of £122.1m which includes additional works in Epsom Town Centre funded by Epsom & Ewell Borough Council (£1.1m); be noted and approved.

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

Reason for decision

This report is 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 and Performance Select Committee]