Issue - decisions

Monthly Budget Monitoring Report

26/03/2019 - Monthly Budget Monitoring Report

RESOLVED:

 

1.         That the Council’s overall revenue and capital budget positions as at 31 January 2019 was noted:

·         £1.3m forecast total draw down reserves;

·         £20m forecast underspend against the original 2018/19 budget; and

·         £122m forecast service capital programme outturn against £132m budget.

 

2.    That all Cabinet Members had confirmed their service’s forecast for the year as shown in the revenue table below 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 Corporate Overview Select Committee]