Decision details

This report presents the third monitoring information for the Authority as a whole for the financial year 2015/16 to the end of December 2015.  The report also includes a number of budget transfer requests for both revenue and capital.

RESOLVED (unanimously) that the Cabinet agreed that:

1)  Strategic Directors should continue to work towards managing within budget in the current year for their respective service areas, and to manage below budget where possible by not committing unnecessary expenditure, through tight budgetary control.

2)  This year’s revenue budget position as shown in the report is noted.

3)  The capital expenditure position for the Council in the financial year to the end of December and the year-end projections detailed in the report are noted.

4)  The revenue virements listed for approval in the report are agreed.

5)  The changes in the capital programme listed in the report are noted.

The report is presented as part of the reporting of financial management and budgetary control required by the Council.

None.