Decision - REVENUE BUDGET QUARTER 3 MONITORING REPORT FOR THE FINANCIAL YEAR 2018/19

Decision details

REVENUE BUDGET QUARTER 3 MONITORING REPORT FOR THE FINANCIAL YEAR 2018/19

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

(1)     The revenue forecast outturn position as at Quarter 3 was noted.

 

(2)     Virements, as detailed in the report, were approved.

 

(3)     The position on debts, as set out in the report, was noted.

 

(4)     The Cabinet noted that underspends in the current year would be contributed to the Budget Priority and Transformation Earmarked Reserve to support the Council to invest in services and drive efficiency improvements in future years.

Report author: Ka Ng

Publication date: 08/02/2019

Date of decision: 05/02/2019

Decided at meeting: 05/02/2019 - Cabinet

Accompanying Documents: