Decision details

The report will outline the overall financial monitoring position of the Council in respect of both revenue and capital accounts.  This will include an analysis of key variances based on the first four months of the financial year.

RESOLVED: that

1.   the potential outturn position based on the first four months of the financial year be noted

2.   the allocations from the Specific Contingency Budgets to the Economic Development, Communities, Housing & Customer Services and Social Services Directorates as set out in this report be noted

3.   the requirement for all directorates currently reporting overspends as identified in the report to put in place action plans to reduce their projected overspends be reinforced