Issue - decisions

Monthly Budget Monitoring Report

26/02/2019 - Monthly Budget Monitoring Report



1.    That the Council’s overall revenue and capital budget positions as at 31 December 2018 be noted:

·         £4.6m forecast total draw down reserves;

·         £16.7m forecast underspend against the original 2018/19 budget; and

·         £124m 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 within the submitted report 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]