Decision details

Received a report on the Council’s revenue and capital position from the beginning of April to the end of September 2006.

Noted, as a matter of good financial practice:

1.  The current position of the Council’s revenue and capital budget as at 30 September 2006 (sections 3, 5 and 6 of the report);

2.  The position and projected out-turn for the Housing Revenue Account (Appendix B and section 4 of the report);

3.  The action plans produced to alleviate the budget pressures to ensure that the necessary balanced budget for the Council is achieved by year end (section 3 of the report);

4.  The prudential indicators for April to September 2006 (Appendix E and section 7 of the report); and

5.  The financial health indicators (section 8 of the report).

Agreed, the re-profiling and budget virements of individual capital schemes as identified in Appendix D to the report.