Decision details

A report providing a summary of the financial monitoring reports as at the end of August 2017 was given consideration.  There were six detailed reports summarised including the Revenue Budget Monitoring Report as at 31 August 2017, Monitoring of Service Choices Savings as at 31 August 2017, Monitoring of Financial Risks as at 31 August 2017, Capital Plan Monitoring Report as at 31 August 2017, Treasury Monitoring Report as at 31 August 2017 and Reserves and Balances as at 31 August 2017.

Decision

The Policy and Resources Committee –

1.    Noted the Revenue Budget Monitoring Report as at 31 August 2017.

2.    Noted the progress of the Service Choices Policy Saving Options as at 31 August 2017.

3.    Noted the current assessment of the Council’s financial risks.

4.    Noted the Capital Plan Monitoring Report as at 31 August 2017 and approved the over project cost changes, the project slippages and accelerations noted within Appendix 7 of the Capital Plan Monitoring Report.

5.    Noted the Treasury Monitoring Report as at 31 August 2017.

6.    Noted the Reserves and Balances Report as at 31 August 2017.

(Reference:  Report by Head of Strategic Finance dated 5 October 2017, submitted)