31 2019/20 MONTH 9 (DECEMBER) FINANCIAL REPORT PDF 166 KB
Additional documents:
Decision:
RESOLVED:
To note the Council’s forecast revenue and capital budget positions for the year.
Reason for decision:
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]
Minutes:
The Cabinet Member for Finance gave a detailed overview of the report which reflected revenue and capital budgets, the expected outlook for the remainder of the financial year and, also as a quarter-end report. It also included Treasury Management and Debt. Whilst there had been a negative movement on the revenue outlook since last month’s report the Cabinet Member confirmed that a balanced budget still looked achievable.
RESOLVED:
To note the Council’s forecast revenue and capital budget positions for the year.
Reason for decision:
To comply with the agreed policy of providing a monthly budget monitoring report to Cabinet for approval of any necessary actions.