Decision details

Received a report providing an update on the Council’s revenue and capital position from the beginning of April to the end of December 2005.

Agreed, that as a matter of good financial practise, to:

1.  Note the current position of the Council’s revenue and capital budget;

2.  Note that the Regeneration and Environment Management Board is continuously reviewing their budgets to ensure a balanced position by the year end and that the Department of Regeneration and Environment is continuing to address the position through a detailed action plan;

3.  Note the position and projected out-turn for the Housing Revenue Account;

4.  The reprofiling of capital programme schemes as identified in Appendix D of the report; and

5.  Note the prudential indicators for the 3^rd quarter 2005/06.