Received a report providing an update on the Council’s revenue and capital budget position for the period 1 April 2004 to 28 February 2005.
Agreed to:
1. Note the current position of the Council’s revenue and capital budgets for 2004/05;
2. Note that the Directors of Education, Arts and Libraries and Corporate Strategy continue to review their budgets to ensure, where possible, a balanced position at the year end;
3. Note 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. Note the position and projected out-turn for the 2004/05 Housing Revenue Account.