Issue - meetings
2010/11 Revenue Budget
Meeting: 18/10/2010 - Executive (Item 10)
10 2010/11 Revenue Budget PDF 112 KB
This report updates the position on the 2010/11 Revenue Budget based on forecasts for the first five months of the financial year. There is significant pressure on the budget and a number of overspends are reported. The report also asks the Executive to agree a number of virements.
Decision:
i. that the latest budget position in 2010/11 be noted;
ii. that all directors ensure that spending is kept within budget and that measures are taken, in consultation with relevant Executive portfolio holders, to achieve this;
iii. that the virements shown in Appendix B to the report submitted be agreed.
Minutes:
Councillor Butt introduced the report which updated the Executive on the position of the 2010/2011 revenue budget. He pointed out where the pressures were on the budget and that the relevant directors had been tasked to reduce any overspends.
RESOLVED:-
(i) that the latest budget position in 2010/11 be noted;
(ii) that all directors ensure that spending is kept within budget and that measures are taken, in consultation with relevant Executive portfolio holders, to achieve this;
(iii) that the virements shown in Appendix B to the report submitted be agreed.