Issue - meetings
Financial Monitoring
Meeting: 27/09/2016 - Community, People & Equalities Policy Development Group (Item 36)
36 Financial Monitoring 
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To receive a report from the Director of Finance, Assets & Resources presenting a financial update in respect of the income and expenditure so far in the year.
Additional documents:
- Monitoring month 3 appendices A-F, item 36
PDF 180 KB
- Monitoring month 3 appendix G, item 36
PDF 103 KB
Minutes:
The Group had before it and NOTED a report * from the Director of Finance, Assets & Resources presenting a financial update in respect of the income and expenditure so far in the year.
The Principal Accountant outlined the contents of the report, explaining that figures for August had become available since the publication of the agenda.
The officer explained that the overall variance forecast for the authority stood at £200k within the report and that this figure had changed to £300k at the end of August. This represented 3.4% of the net budget.
Main areas affecting the forecast overspend relating to the Community PDG were Leisure, Planning income and Housing Benefit subsidy.
Note: - * Report previously circulated and attached to Minutes.