Issue - meetings

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

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

1.  The current position of the Council’s revenue and capital budgets;

2.  That the Director of Education, Arts and Libraries and the Director of Corporate Strategy continue to review their budgets to ensure where possible a balanced position;

3.  That the position of overspends and any roll-forward requests are considered in the context of the overall outturn position of the Council’s revenue budget; and

4.  The position and projected out-turn for the Housing Revenue Account.