Decision details

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

Noted, as a matter of good financial practice:

1.  The current position of the Council’s revenue and capital budget as at 31 August 2006 (sections 3, 5 and 6 of the report);

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

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).

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