Issue - meetings

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

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

She explained that current forecasts showed that the Council was looking at an overspend of £242k for 2018-2019 but the figures were constantly being updated. The figures included a £52k overspend in the Environment portfolio and this could be attributed as follows:

·         Additional staff costs

·         Reduction in the income received from recycled cardboard

·         Vehicle hire costs

The Committee discussed the costs of kerbside sorting of recyclable waste and the Group Manager for Street Scene and Open Spaces stated that it was still better value for money for the Council than going to mixed collection and then having to sort.