Issue - decisions

Revenue and Capital Budget Monitoring, Cash Limits and Virements - April 2019 to July 2019

12/09/2019 - Revenue and Capital Budget Monitoring, Cash Limits and Virements - April 2019 to July 2019

RESOLVED (unanimously) that the Cabinet agreed to:

 

2.1  To note the 2019/20 forecast over budget of £1.68m (as at the end of July 2019) and the recovery plan actions outlined in Appendix 1;

 

2.2  To note the mitigations that will be required shown in paragraph 3.6, if the over budget position cannot be reduced by the end of the financial year;

 

2.3  To approve the revenue virements listed for approval in Appendix 3(i) and to note those virements listed for information only;

 

2.4  To note the capital year-end forecast detailed in paragraph 3.15 of this report;

 

2.5  To note the changes in the capital programme including capital schemes that have been agreed for full approval under delegation listed in Appendix 4(i)