Issue - meetings

This report has been circulated separately as Supplementary Agenda 2.

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.