Issue - meetings
Quarter 2 Financial Forecast 2018/19
Meeting: 15/10/2018 - Cabinet (Item 7)
7 Quarter 2 Financial Forecast 2018/19 
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The report sets out the current forecasts of income and expenditure against the revenue budget for 2018/19 and other key financial data.
Decision:
RESOLVED:
i. Cabinet noted the overall financial position and the actions being taken to manage the issues arising as set out in the report.
Minutes:
Councillor M McLennan, Deputy Leader of the Council, introduced the report setting out the current forecasts of income and expenditure against the revenue budget for 2018/19 and other key financial data.
She highlighted a forecast overspend of £1.5m in the Children & Young People department but stated that all other Council departments are forecast to spend to budget, although there are some expenditure pressures and risks. Work is underway to ensure that these overspends are constrained, and reduced where possible.
RESOLVED:
i. Cabinet noted the overall financial position and the actions being taken to manage the issues arising as set out in the report.