Financial Monitoring Information for Revenue and Capital, including Debt and Risk Management

RESOLVED:

That Cabinet -

1)     note the financial reporting data relating to revenue budgetary control, showing a forecast underspend at year end of £1,070k (which is 0.65% of the gross Council Budget) after allowing for a £512k transfer to the Capital Programme, £1,500k transfer to balancing the budget reserve, £1,742k carry forward of Public Health funds and consider any relevant action they may wish to take in respect of variations;

2)     approve adjustments and capital virements detailed in Appendix 5b and the Current Capital Programme as detailed in Appendix 5a and the new budgets identified in paragraph 4.3.;

3)     note current progress to date on savings;

4)     note the latest position with regard to the collection of miscellaneous debt, as at the end of December 2013; and

5)     note the Cashflow Statement attached as Appendix 11 to the report.