To receive the quarter 1 budget monitoring reports for the Revenue, Capital and Housing Revenue Account.

1.      That the Revenue forecast position to achieve a balanced budget with a contribution to Housing Revenue Account reserves of £6.684m, this strengthening the Council’s ability to invest and improve its stock of Council houses be noted.

2.      That the Capital forecast position indicates an outturn on budget (£17.942m) which includes deferred works from 2013/14 relating to Priory View of £2.325m be noted.

3.      That Right to Buy sales will be monitored for the possible impact on predicted surpluses in the medium to longer term.