Councillors and committees

Issue - meetings

Monthly Budget Monitoring

Meeting: 28/04/2020 - Cabinet (Item 63)

63 2019/20 MONTH 11 (FEBRUARY) FINANCIAL REPORT pdf icon 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.