Issue - decisions

Budget Monitoring 2015/16

16/12/2015 - Budget Monitoring 2015/16 - April to October (Month 7)

Cabinet resolved to:

 

(i)  Note the projected outturn position for 2015/16 of the Council’s General Fund revenue budget at 31 October 2015, as detailed in paragraphs 2.1, 2.4 to 2.10 and Appendix A of the report;

 

(ii)  Note the progress against the agreed 2015/16 savings at 31 October 2015, as detailed in paragraph 2.11 and Appendix B of the report;

 

(iii)  Note the overall position for the HRA at 31 October 2015, as detailed in paragraph 2.12 and Appendix C of the report;

 

(iv)  Note the projected outturn position for 2015/16 of the Council’s capital budget as at 31 October 2015, as detailed in paragraph 2.13 and Appendix D of the report;

 

(v)  Agree that all Chief Officers be instructed to implement any agreed 2016/17 savings during the current financial year to assist in reducing the Council’s overspend, as detailed in paragraph 2.2.3 of the report; and

 

(vi)  Agree to the use of £0.6m of Council reserves to fund the development of business cases for the Ambition 2020 programme, as detailed in paragraph 2.9.7 of the report.