72 Financial Monitoring - 9 months to December 2016 (01:15:36) PDF 170 KB
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:
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 contents of the report were outlined with the key messages being:
· There was a predicted General Fund overspend of £64k.
· Car parking income was up on last year.
· Market income was lower than budgeted for although this would be realigned in the following financial year.
· The financial year end was imminent and the Finance team would start working on the accounts in the next few weeks.
Note: * Report previously circulated, copy attached to the signed minutes.