Issue - meetings

Received a report from the Corporate Director of Resources on the position of the Council’s revenue, capital and Housing Revenue Account budgets from the beginning of April to the end of November 2007.

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

(i)  Note the current position of the Council’s revenue and capital budgets as set out in the report;

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

(iii)  Note the action plans being undertaken to alleviate the budget pressures to ensure that the necessary balanced budget for the Council is achieved by the end of the financial year.