Decision Maker: Policy and Resources Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
A report providing a summary of the financial monitoring reports as at the end of October 2017 was given consideration. There were six detailed reports summarised including the Revenue Budget Monitoring Report as at 31 October 2017, Monitoring of Service Choices Savings as at 31 October 2017, Monitoring of Financial Risks as at 31 October 2017, Capital Plan Monitoring Report as at 31 October 2017, Treasury Monitoring Report as at 31 October 2017 and Reserves and Balances as at 31 October 2017.
The Head of Strategic Finance clarified that under Reserves
and Balances the figure stated at paragraph 2.65 on page 17 of the pack should
read £3.839m in relation to the estimated surplus.
Decision
The Policy and Resources Committee –
1. Noted the Revenue Budget Monitoring Report as at 31
October 2017.
2. Noted the progress of the Service Choices Policy
Saving Options as at 31 October 2017.
3. Noted the current assessment of the Council’s
financial risks.
4. Noted the Capital Plan Monitoring Report as at 31
October 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 October
2017.
6. Noted the Reserves and Balances Report as at 31
October 2017.
(Reference: Report by Head of Strategic Finance dated 8 November 2017, submitted)
Publication date: 18/12/2017
Date of decision: 08/12/2017
Decided at meeting: 08/12/2017 - Policy and Resources Committee
Accompanying Documents: