Decision details

2017/18 Budget Monitoring Report - P5

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


The Council approved budgets and directorate spending limits for the 2017/18 financial year on 21 February 2017. The purpose of this report is to inform Cabinet of the Council’s overall financial performance against revenue and capital budgets as at the end of August 2017


1. That delegated authority be given to the Service Director Finance and Deputy Mayor (Finance, Governance and Performance)  in consultation with Deputy Mayor (Communities, Equalities & Public Health) and the Mayor, to progress and agree, if required, arrangements for the future of the West of England 100% Business Rates Pilot with the Department for Communities & Local Government (DCLG).

2. That the extent of forecast revenue overspend at period 5 of £2.3m be noted.

3. That Strategic and Service Directors continued review of the levels of over and underspends and reallocate budgets in order to remain within the directorate service allocations for 2017/18 be noted.

4. That Cabinet the progress against planned efficiency savings be noted.

Report author: Denise Murray

Publication date: 07/11/2017

Date of decision: 07/11/2017

Decided at meeting: 07/11/2017 - Cabinet

Effective from: 16/11/2017

Accompanying Documents: