Issue - decisions
Quarter 2 2017/18 Revenue Budget Monitoring
1. That the forecast revenue outturn position which is currently to overspend budget by £3.3M (over budget by £0.6M in September 2016) be noted.
2. To note that the budget includes £2.1M of contingency costs against which no call has yet been made. If this contingency is released then this results in an overspend of £1.275M.
3. That officers be requested to continue to look for compensatory savings in order to deliver a balanced budget.