Agenda item
Financial Monitoring (00-56-46)
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.
Minutes:
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 to date.
The Cabinet Member for Finance outlined the contents of the report stating that the report was very early in the financial year but that it predicted a General Fund deficit of £427k. He outlined the most significant variances to date highlighted within the report and emphasised the issue of the down turn in planning fee income. The Housing Revenue Account was showing an underspend as was the Capital Programme.
Discussion took place regarding:
· Vacant posts within the Housing Service
· The downturn in planning fees, the current economic climate and ongoing discussions taking place with regard to the issue.
Note: *Report previously circulated, copy attached to minutes.
Supporting documents:
-
Monitoring month 3, item 41.
PDF 96 KB -
Appendix A - Summary, item 41.
PDF 42 KB
-
Appendix B - Variances, item 41.
PDF 31 KB
-
Appendix C - Fees and Charges, item 41.
PDF 24 KB
-
Appendix D - Employee Costs, item 41.
PDF 27 KB
-
Appendix E - HRA Summary, item 41.
PDF 21 KB
-
Appendix F - HRA Variances, item 41.
PDF 7 KB
-
Appendix G - Capital, item 41.
PDF 214 KB