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10 2018/2019 Budget Monitoring - Quarter 2 PDF 163 KB
The Leader’s Portfolio
To consider report FIN/456 of the Head of Corporate Finance.
Minutes:
The Leader presented report FIN/456of the Head of Corporate Finance which provided a summary of the Council’s actual revenue and capital spending up to the end of Quarter 2 ending September 2018. It identified the main variations from the approved spending levels and any potential impact on future budgets. It was noted that the surplus with regards to both the revenue and the HRA had increased during the Quarter
RESOLVED
That Cabinet notes
1. the projected outturn for the year 2018/2019 as summarised in report FIN/456.
2. the Section 106 contributions identified to fund the Memorial Gardens Play Improvement Project as identified in Paragraph 9.1 of the report FIN/456.
Reasons for the Recommendations
To report to Councillors on the projected outturn for the year compared to the approved budget.