Issue - meetings

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.

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.