The Council’s budget position for both revenue and capital needs to be monitored on a regular basis to ensure that there is control on the Council’s overall spend against its set budgets. The report will cover the details of spending and explanations for variances for each Department against these set budgets, and proposed action to achieve a balanced budget if required
The Executive will be asked to note the current position of the Council’s Revenue and Capital budget for 2008/09 and, if necessary, agree proposals to achieve a balanced budget at the year end
Decision type: Non-key
Decision status: Approved
Issue Category: Framework;
Decision due: 15 Jul 2008 by Cabinet
Lead member: Councillor G J Bramley, Cabinet Member for Finance and Human Resources bramley@lbbd.gov.uk
Lead director: Finance Portfolio
Department: Corporate Director of Resources
Contact: Joe Chesterton, Divisional Director of Corporate Finance Email: joe.chesterton@lbbd.gov.uk Tel: 020 8227 2932.
Consultation process
Circulation of draft reports and meetings
Consultees
Internal:
Lead Member:
Resources
Divisional Director of Corporate Finance
Corporate Management Team
Heads of Service
Group Managers in Corporate Finance