To report the financial position for both Revenue and Capital budgets to 31 January 2013. The Treasury Management position is also included.

THAT:

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

(b)          the fact that the Leadership Team continues to deliver a further level of savings for 2012/13 in order to minimise any impact on reserves at year end, be noted; and

(c)       the Treasury Management report at Appendix C, be noted.

To keep Cabinet informed about the projected revenue and capital out-turn position for 2012/13 including Treasury Management activities. 

There are no alternative options, as this report is for information purposes.