Issue - meetings
Financial Monitoring
Meeting: 22/01/2019 - Community Policy Development Group (Item 66)
Financial Monitoring (00.035.33)
To consider a verbal report of the Principal Accountant presenting financial monitoring information for the income and expenditure to date.
Minutes:
The Group received a verbal report by the Principal Accountant giving a financial update in respect of the income and expenditure so far in the year.
He explained that the overall General Fund variance was £94K in November which was an improvement of £74k from £168K reported in October. The improvement for Community PDG related services was £138k. The main areas of improvement were Revenues and Benefits at £75K and Planning at £63K. He explained the improvements in housing benefit subsidy, additional annex tax, new burdens grants from Government and additional council tax benefit.