Decision details

2017/18 Budget Monitoring Report - P9

Decision Maker: Cabinet

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

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 December 2017

Decision:

To note;

  1. The current forecast revenue underspend at period 9 of (£0.4m)
  2. A number of supplementary estimates, which total £3.809m for the People Directorate, as per the schedule detailed in this report, effected by way of a one-off virement from other General Fund services
  3. Progress against planned savings and further mitigation
  4. Forecast capital expenditure of £147.7m, £87.9m below the budgeted capital programme for 2017/18.

 

Report author: Denise Murray

Publication date: 06/03/2018

Date of decision: 06/03/2018

Decided at meeting: 06/03/2018 - Cabinet

Accompanying Documents: