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Issue - meetings
Financial Report 2018/19 – January 2019
Meeting: 25/03/2019 - Cabinet (Item 9)
9 Financial Report 2018/19 – January 2019 
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Decision:
RESOLVED
1. That Cabinet note the financial reporting data relating to revenue budgetary control, showing a forecast net underspend at year-end of £2.48 million. 0.46% of gross budget.
2. That Cabinet approve the adjustments to the Capital Programme contained in Appendix 5b
That Cabinet note the adjustments to the Capital Programme contained in Appendix 5b and approve the items in the Table below:
|
Scheme |
2018/19 budget |
2019/20 budget |
Narrative |
|
Corporate Services |
|||
|
Customer Contact Programme |
(1,499,010) |
1,499,010 |
Re-profiled in accordance with projected spend |
|
Environment and Regeneration |
|||
|
Cycle Route Imps – Beddington Lane Cycle Routes |
(135,000) |
135,000 |
TfL approved re-profiling |
|
Total |
(1,634,010) |
1,634,010 |
|
Minutes:
The Chair introduced the report which set out the financial position at January 2019. He highlighted that there were still financial pressures on local authorities, particularly in Children’s Services.
The Director of Corporate Services highlighted the key parts of the report for Members to consider and advised that this would be the last monthly report before the outturn report is presented to Cabinet in June.
RESOLVED
1. That Cabinet note the financial reporting data relating to revenue budgetary control, showing a forecast net underspend at year-end of £2.48 million. 0.46% of gross budget.
2. That Cabinet approve the adjustments to the Capital Programme contained in Appendix 5b
That Cabinet note the adjustments to the Capital Programme contained in Appendix 5b and approve the items in the Table below:
|
Scheme |
2018/19 budget |
2019/20 budget |
Narrative |
|
Corporate Services |
|||
|
Customer Contact Programme |
(1,499,010) |
1,499,010 |
Re-profiled in accordance with projected spend |
|
Environment and Regeneration |
|||
|
Cycle Route Imps – Beddington Lane Cycle Routes |
(135,000) |
135,000 |
TfL approved re-profiling |
|
Total |
(1,634,010) |
1,634,010 |
|