43 Financial Monitoring PDF 149 KB
To receive a report from the Head of Finance presenting a financial update in respect of the income and expenditure so far in the year.
Additional documents:
Minutes:
The Committee had before it and NOTED a report * from the Head of Finance presenting a financial update in respect of the income and expenditure so far in the year.
The Officer informed the Group that nothing had changed dramatically since the previous report, there was a projected overspend of £150k mainly due to a change in the valuation of GP surgeries which required a partial refund in business rates.
Funding streams were holding up well although income from the sale of recycling materials had dropped due to market forces.
Note: - * Report previously circulated and attached to Minutes.