Capital Budget Monitoring Forecast Outturn Report September 2017 (Quarter 2)
Decision Maker: EXECUTIVE
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The report sets out the Capital projected outturn for 2017/18 as at the end of September 2017. It excludes the Housing Revenue Account (HRA) which is subject to a separate report.
1. That the gross forecast outturn of £96.8M, excluding HRA but including deferred spend from 2016/17 which was currently below the approved budget by £13.9M (£3.7M below last year against a higher budget of £132.6M) be noted.
2. To note that the net forecast is £3.7M below budget (£2.4M below budget at the same stage last year).
Report author: Denis Galvin
Publication date: 07/12/2017
Date of decision: 05/12/2017
Decided at meeting: 05/12/2017 - EXECUTIVE
Effective from: 15/12/2017