Issue - meetings

That (A) the revenue budget forecast overspend of £177k, as detailed at paragraph 2.1 of the report submitted, be noted;

(B)     the capital budget forecast underspend of £1.576m, as detailed at paragraph 6.1 of the report submitted, be noted;

(C)    the reported performance for the period August 2016 to October 2016, be noted; and

(D)    the risk management controls detailed at paragraphs 9.1 to 9.5 of the report be submitted, be approved.

The Executive Member for Finance and Support Services submitted a report on finance, performance and strategic risk monitoring for 2016/17 as at September 2016.

The Executive approved the recommendations now detailed.

RESOLVED - that (A) the revenue budget forecast overspend of £177k, as detailed at paragraph 2.1 of the report submitted, be noted;

(B)      the capital budget forecast underspend of £1.576m, as detailed at paragraph 6.1 of the report submitted, be noted;

(C)      the reported performance for the period August 2016 to October 2016, be noted; and

(D)      the risk management controls detailed at paragraphs 9.1 to 9.5 of the report be submitted, be approved.

The Head of Strategic Finance and Property and the Head of Communications, Strategy and Policy submitted a report updating Members on finance and performance monitoring for East Herts Council for 2016/17 as at September 2016.  Officers provided a summary of the report in relation to revenue budget forecasts, capital schemes and performance indicators. 

Officers responded to a number of detailed queries from the Committee.  Members received the report and supported the recommendations now detailed.

RESOLVED – that (A) the report be received;

(B)   the revenue budget forecast overspend of £177k in 2016/17, as detailed in paragraph 2.1 of the report submitted, be noted;

(C)   the capital forecast underspend of £1,576K, as detailed in paragraph 6.1of the report submitted, be noted; and

(D)   the reported performance for the period August to October 2016 be noted.