Agenda item

RESOLVED: that

1.   the potential outturn position based on the first six months of the financial year and the management actions taken in support of this be noted.

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

An update of the financial monitoring position for the authority based on the first six months of the financial year was received. It was reported that an improved position had been achieved at month six with a balanced position against budget being shown. Details of actions being taken to achieve and maintain this position were contained within the report.

RESOLVED: that

1.   the potential outturn position based on the first six months of the financial year and the management actions taken in support of this be noted.

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