Issue - meetings

Quarterly Monitoring 2018/19 Q3

 

 

Meeting: 06/02/2019 - Cabinet (Item 10)

10 2018/2019 Budget Monitoring - Quarter 3 pdf icon PDF 163 KB

The Leader’s Portfolio

 

To consider report FIN/466 of the Head of Corporate Finance.

 

Minutes:

The Leader of the Council presented report FIN/466of the Head of Corporate Finance to the Cabinet which provided a summary of the Council’s actual Revenue and Capital spending up to the 3rd Quarter ending December 2018. It identified the main variations from the approved spending levels and any potential impact on future budgets.

 

 

RESOLVED

 

That Cabinet

 

a)         notes the projected outturn for the year 2018/2019 as summarised in report FIN/466.

 

b)         approves additional capital budgets funded from the existing business rates pool and S106 as identified in paragraphs 8.2 and 8.3 of report FIN/466.

 

Reasons for the Recommendations

 

To report to Members on the projected outturn for the year compared to the approved budget.