Agenda item

To receive a report of the Deputy Chief Executive (S151) presenting a financial update in respect of the income and expenditure so far in the year.

The Cabinet had before it and noted a *report of the Deputy Chief Executive (S151) presenting a financial update in respect of the income and expenditure so far in the year.

The Cabinet Member for Finance outlined the contents of the report stating that the current financial status provided a General Fund projected underspend of £30k, with income remaining well below normal levels for leisure and car parking, planning and waste income rising and staff costs under budget but this was offset by higher usage of agency staff.  The HRA was showing an underspend, as was the Capital Programme.

Note: *Report previously circulated, copy attached to minutes.