Issue - meetings

Quarter 3 Corporate Budget Monitoring

Meeting: 19/05/2020 - Performance, Audit and Governance Oversight Committee (Item 26)

26 Quarter 3 Corporate Budget Monitoring pdf icon PDF 404 KB

Additional documents:

Minutes:

The Head of Strategic Finance and Property submitted a report on the finance and performance of the Council as at 31 December 2019.  The Head of Strategic Finance and Property referred to an anticipated underspend of £35k.  He said that as this report had been to the Executive on 11 February 2020, no recommendations to the Executive would be made this evening.

 

The Head of Strategic Finance and Property provided a detailed breakdown of the report and responded to a number of queries from the Committee.  There being no general debate and no recommendations to the Executive, the Committee received the report.

 

RESOLVED – that (A) the projected revenue budget forecast underspend of £35K in 2019/20 be noted (paragraph 2.5);

 

(B)   the capital budget for 2019/20 of £77.812M, of which £78k is estimated to underspend and £64.292m is to be carried forward to future years be noted (paragraph 5.1.1);

 

(C)   the reported performance for the period October 2019 to December 2019 be noted.