Issue - meetings
Quarter 2 - 2017/18 Revenue/Capital/HRA Budget Monitoring reports
To receive and scrutinise the Q2 2017/18 Budget Monitoring Report on all areas of Council business.
(a) Outturn Revenue Budget Monitoring
(b) Outturn Capital Budget Monitoring
(c) Outturn HRA Budget Monitoring
- Enc. 1 for Quarter 2 - 2017/18 Revenue/Capital/HRA Budget Monitoring reports, item 67 PDF 451 KB
- Enc. 2 for Quarter 2 - 2017/18 Revenue/Capital/HRA Budget Monitoring reports, item 67 PDF 182 KB
- Enc. 3 for Quarter 2 - 2017/18 Revenue/Capital/HRA Budget Monitoring reports, item 67 PDF 102 KB
The Director of Resources introduced the Q2 revenue budget monitoring report that forecast an overspend of £3.3m at the end of September 2017. However, there is an unused contingency of £2.2m to partially offset this. The predominant issue related to the Special Educational Needs transport costs that had been addressed in the Budget for 2018/19. The budget had been reviewed and would close the year much closer to target. In response to a question regarding the 880 approaches for council housing advice, the Executive Member for Corporate Resources advised this was not an indication of need and the pressure was outlined in the budget proposals above. The Committee were reassured that the budget had been formatted for the coming year based on the budget monitoring process.
Noted and endorsed the Q2 budget monitoring reports 2017/18 update.