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Decision details
Financial Monitoring December 2016
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
This report reviews the financial position for
the Authority for the third quarter of the financial year. The
report will also be reviewed by the Financial Task Group.
Decision:
RESOLVED
That Cabinet agrees:
A. To note the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £6.021 million, 1.1% of the gross budget.
B. To note the proposals set out in 2.4 to fund this shortfall without any impact on services in the current year.
C. To approve the virement of £236k from the corporate contingency to Children, Schools and Families for the third and fourth quarters’ costs of additional social worker capacity.
Report author: Paul Dale
Publication date: 15/02/2017
Date of decision: 13/02/2017
Decided at meeting: 13/02/2017 - Cabinet
Accompanying Documents:
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