Issue - meetings
Monthly Budget Monitoring
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Meeting: 28/04/2020 - Cabinet (Item 63)
63 2019/20 MONTH 11 (FEBRUARY) FINANCIAL REPORT PDF 150 KB
Additional documents:
Decision:
RESOLVED:
That the Council’s forecast revenue and capital budget positions for the year be noted.
Reason for decision:
This report was to comply with the agreed policy of providing a monthly budget monitoring report to Leader and Cabinet for Member 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 brief overview of the report which provided details of the County Council’s 2019/20 financial position as at 29 February 2020 (M11) for revenue and capital budgets, and the expected outlook for the remainder of the financial year. The Cabinet Member explained that 88% of the planned efficiencies would be achieved.
The Leader gave praise for the achievements on the transformation services and explained that COVID-19 would have a future impact.
RESOLVED:
That the Council’s forecast revenue and capital budget positions for the year be noted.
Reason for decision:
This report was to comply with the agreed policy of providing a monthly budget monitoring report to Leader and Cabinet for Member for approval of any necessary actions.