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.