Decision details

Financial Monitoring Report 2019/20

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


Cllr Lynden Stowe, Cabinet Member for Finance and Change, gave an update on the year end forecast for the 2019/20 County Council’s Revenue and Capital Budgets.


Having considered all of the information, including known proposals, alternative options and reasons for recommendations, Cabinet noted the report and,




1.    Note the forecast revenue year end position as at the end of October 2019 (Period 7) for the 2019/20 financial year is a balance budget. This has been achieved as a result of the review of revenue reserves and in-year efficiencies authorised by Cabinet on 13 November 2019.


2.    Approve the transfers from reserves as detailed in the report of £2.001 million


3.    Note the forecast capital year end position as at the end of October 2019 of £108.696 million against the revised budget of £108.584.


4.    Approve the £4.628 million increase to the capital programme as outlined in Section D of the report.





Report author: Cllr Lynden Stowe

Publication date: 20/12/2019

Date of decision: 20/12/2019

Decided at meeting: 20/12/2019 - Cabinet

Effective from: 01/01/2020

Accompanying Documents: