Decision details

Budget Monitoring Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To provide Cabinet with an updated position on the projected outturn for 2014/15.

 

Decision:

 

THAT: 

(a)   Cabinet notes the council is projected to spend within its budget for this financial year;

 

(b)   Cabinet notes the capital and treasury projected outturns; and

 

(c)   Cabinet agrees the virement of 2014/15 revenue and capital contingency budgets to meet in year pressures within Directorates

 

 

Reasons for the decision:

The forecast outturn for the year, based on spend to the end of August 2014 is break-even.

 

Alternative options considered:

There are no alternative options.

 

Publication date: 09/10/2014

Date of decision: 09/10/2014

Effective from: 15/10/2014