To report on the Council’s performance against revenue and capital budgets as at 31 August 2008 and provide an indication of the estimated outturn for the 2008/09 financial year. 

THAT:

                             i)               the forecast outturn for 2008/09 agreed with Directors based on service and financial performance outlined in this report be noted;

ii)      the continuing efforts of all Directors to ensure service targets are met within the approved budget be endorsed; and

iii)           an improved forecast of outturn for the 2008/09 financial year be reflected in the next financial monitoring report.

The Council’s revenue and capital position is reported to Cabinet every second month.  The information provides an indication of the Council’s performance against budgets.

None.