Decision details
BUDGET MONITORING REPORT 2013/15
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To report the financial position for both Revenue and Capital to 30 September 2012. The Treasury Management position is also included.
Decision:
THAT:
(a) Cabinet noted the report and the forecast position;
(b) Cabinet noted that the Leadership Team have undertaken to deliver a further level of savings for 2012/13; and
(c) Taking account of recommendation (b) Cabinet noted the requirement that Directors deliver recovery plans to ensure a balanced revenue budget; and
(d) Cabinet noted the mid-year Treasury Management report at Appendix C to the report.
Reasons for the decision:
To keep Cabinet informed about the projected revenue and capital out-turn position for 2012/13 including Treasury Management activities.
Alternative options considered:
There are no Alternative Options.
Publication date: 19/10/2012
Date of decision: 18/10/2012
Effective from: 25/10/2012