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  • Issue - meetings

    Financial Monitoring

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    Meeting: 15/01/2019 - Homes Policy Development Group (Item 56)

    Financial Monitoring (00:04:05)

    To receive a verbal report from the Group Manager for Financial Services presenting a financial update in respect of the income and expenditure so far in the year.

    Minutes:

    The Group received a verbal update from the Group Manager for Finance presenting a financial update in respect of the income and expenditure so far in the year.

     

    It was reported that the previously predicted overspend for the year had reduced from £168k to £94k. This had been achieved through an amalgamation of car park income, a slight reduction in legal work in relation to Section 106, a windfall of £75k in relation to housing benefit subsidy and a slight improvement in Planning fee income. There had also been some savings in Customer Services salaries. However, the figures remained challenging and the Group would be updated at the next meeting.