To receive the quarter 3 budget monitoring report for the Revenue, Capital and Housing Revenue Account.

1.      That the Revenue forecast position which is to achieve a balanced budget with a contribution to HRA Reserves of £6.735M, thus strengthening the Council’s ability to invest and improve its stock of Council houses, be noted.

2.      That the Capital forecast position which is an outturn of £14.157m, an under spend of £3.963m, which includes deferred works from 2013/14 relating to Priory View of £2.503m, be noted.

3.      That the monitoring of Right to Buy sales for their impact on predicted surpluses in the medium to longer term, be noted.