Decision details
Revenue Budget Monitoring Provisional Forecast Outturn December 2016 (Quarter 3)
Decision Maker: EXECUTIVE
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The report sets out the financial position for 2016/17 as at the end of December 2016.
Decision:
1. That the revenue forecast outturn position which is currently to overspend budget by £1.2M be noted.
2. That officers continue to look for compensatory savings in order to deliver a balanced budget.
3. To authorise the Chief Executive and the Director of Resources (s.151 Officer), in consultation with the Leader and the Deputy Leader and Executive Member for Corporate Resources, to approve the 2016/17 revenue, capital and HRA provisional financial outturn positions, subject to audit.
4. The delegation in 3 above is subject to the final outturn position not being more than 1% over/under net budget.
Report author: Denis Galvin
Publication date: 06/04/2017
Date of decision: 04/04/2017
Decided at meeting: 04/04/2017 - EXECUTIVE
Effective from: 14/04/2017
Accompanying Documents:
- Revenue Budget Monitoring Provisional Forecast Outturn (Quarter 3) PDF 15 KB
- Appendix A - Revenue Budget Monitoring Provisional Forecast Outturn (Q3) PDF 58 KB
- Appendix B - Revenue Budget Monitoring Provisional Forecast Outturn (Q3) PDF 20 KB
- Appendix C - Revenue Budget Monitoring Provisional Forecast Outturn (Q3) PDF 20 KB
- Appendix D - Revenue Budget Monitoring Provisional Forecast Outturn (Q3) PDF 237 KB