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Decision details

Financial Monitoring January 2017

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

This report reviews the financial position for the first 10 months of the financial year.

Decision:

RESOLVED

 

That Cabinet

 

1.    Note the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £5,901 million, 1.1% of the gross budget.

2.    Note the proposals set out in 2.4 to fund this shortfall without any impact on services in the current year.

3.    Give authority  to the Director of Corporate Services in conjunction with Deputy Leader and Cabinet Member for Finance to progress the details of this scheme totalling an estimated £558,900, subject to a detailed review of the business case and specification of works.

Report author: Paul Dale

Publication date: 22/03/2017

Date of decision: 20/03/2017

Decided at meeting: 20/03/2017 - Cabinet

Accompanying Documents: