The report sets out the financial position for 2015/16 as at the end of December 2015. It sets out spend to date against the profiled budget and the forecast financial outturn. It excludes the Housing Revenue Account which is subject to a separate report.

1.         That the revenue forecast position which is currently to underspend budget by £0.1m (over budget by £0.9m in November, £1.1m over last year) be noted and that directorates be requested to continue to take the necessary action to maintain a balanced budget.

2.         That the inclusion within the budget of £2.1m of contingency that is currently forecast to be used, be noted.  There is no call on this contingency as present.