120 Budget Monitoring Report 2007/08 PDF 126 KB
This report has been circulated separately as Supplementary Agenda 2.
Additional documents:
Minutes:
Received a report from the Corporate Director of Resources providing an update on the Council’s revenue and capital position for 2007/08 as at the end of December 2007.
Agreed, in order to assist the Council to achieve all of its Community Priorities, to:
(i) Note the current position of the Council’s revenue and capital budget as at 31 December 2007, as detailed in Appendices A and C to the report;
(ii) Note the position and projected out-turn for the Housing Revenue Account, as detailed in Appendix B to the report;
(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;
(iv) Agree the re-profiling of individual capital schemes, as detailed in Appendix D to the report;
(v) Note the Prudential Indicators for April to December 2007, as detailed in Appendix E to the report; and
(vi) Note the financial Health indicators as detailed in Appendix F to the report.