Revenue Budget Monitoring - September 2018 (Quarter 2)
Decision Maker: EXECUTIVE
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To report the quarter 2 revenue budget monitoring 2018/19 report.
1. That the revenue forecast outturn position of an overspend of £1.6M (before the release of the contingency), be noted.
2. To note that the budget includes £2.1M of contingency against which no call has been made as yet. If this contingency is released then this results in an underspend of £0.5M.
3. To request officers to continue to look for compensatory savings in order to deliver a balanced budget.
Report author: Denis Galvin
Publication date: 06/12/2018
Date of decision: 04/12/2018
Decided at meeting: 04/12/2018 - EXECUTIVE
Effective from: 14/12/2018