Issue - meetings

Quarter 2 Budget Monitoring Report

Meeting: 14/10/2019 - Cabinet (Item 7)

7 Quarter 2 Financial Report 2019/20 pdf icon PDF 203 KB

This report sets out the current forecasts of income and expenditure against the budget for 2019/20 and other key financial data.

Decision:

RESOLVED: that the overall financial position and the actions being taken to manage the issues arising be noted.

Minutes:

Councillor Margaret McLennan, Deputy Leader of the Council, stated that this report sets out the current forecasts of income and expenditure against the    budget for 2019/20 and other key financial data.

 

Councillor McLennan stated that overall the Council is expecting to underspend against the main general fund revenue budget by £1.1m.

 

She stated that this primarily relates to a net underspend of £1.8m in Regeneration and Environment pertaining to several areas of underspend in Environmental services.

 

RESOLVED: that the overall financial position and the actions being taken to manage the issues arising be noted.