Issue - meetings

Received a report on the Council’s revenue and capital position for the period 1 April to 31 October 2007.

Agreed, as a matter of good financial practice, to:

(i)  Note the current position of the Council’s revenue and capital budget as at 31 October, 2007;

(ii)  Note the position and projected out-turn for the Housing Revenue Account as set out in Section 4 and Appendix B of the report; and

(iii)  Note that Corporate Directors are continuing to identify and implement their current action plans to address projected overspends on departmental budgets to ensure full delivery of a balanced budget for the Council is achieved by the end of the financial year.