RESOLVED

1.    That the financial reporting data for Quarter 2, month 6, relating to revenue budgetary control, showing a forecast net positive variance at year-end of £1,478k, -0.3% of gross budget be noted.

2.    That the contents of Section 4 and the amendments to the Capital Programme contained in Appendix 5b of the Cabinet report be noted and the amendments in the Table below be approved:

The Deputy Leader and Cabinet Member for Finance presented the report and thanked all involved for their work, welcoming the level of detail.  He highlighted the proposed changes to the Capital programme set out in the report and impressed on colleagues the importance of careful financial planning.

The Director of Corporate Services drew Members’ attention to paragraph 1.2 of the report and advised that the Cabinet would normally consider the draft Business Plan at this meeting but this had been deferred due to the uncertainty around the timing of the funding announcements from central government.  Therefore the report would be considered at the rescheduled Cabinet meeting in December.

The Chair thanked all those involved in producing the report.

RESOLVED

1.    That the financial reporting data for Quarter 2, month 6, relating to revenue budgetary control, showing a forecast net positive variance at year-end of £1,478k, -0.3% of gross budget be noted.

2.    That the contents of Section 4 and the amendments to the Capital Programme contained in Appendix 5b of the Cabinet report be noted and the amendments in the Table below be approved: