To report the forecast financial position for both revenue and capital to 29 February 2012.

THAT:

                     (a)          the report and the forecast deficit position be noted; and

(b)             the Chief Executive’s requirement that Directors deliver recovery plans to ensure a balanced revenue budget be noted;

To keep Cabinet informed about the projected revenue and capital out-turn position for 2011/12 including Treasury Management activities.

There are no Alternative Options