48 Financial Monitoring - for the 6 months to September 2016 (00:42:28) PDF 247 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 Group was referred to a table showing the opening position of key operational balances of the Council, the forecasted in year movements and the final predicted position at 31 March 2017. The General Fund was currently showing an overspend of £34k in year movement. The most significant service movements related to £220k savings as a result of the Shared Waste Agreement and a £83k deterioration in Leisure Services, made up of both costs and income.
Note: * Report previously circulated; copy attached to the signed minutes.