Decision details

Financial Monitoring Report 2019/20

Decision Maker: Cabinet

Decision status: Information Only

Is Key decision?: Yes

Is subject to call in?: Yes


Cllr Lynden Stowe, Cabinet Member for Finance and Change, gave an update on the council’s year end forecast for the 2019/20 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 December 2019 (Period 9) for the 2019/20 financial year as a balanced position.


2.    Note the forecast capital year end position as at the end of December 2019 (Period 9) of £106.373 million against the revised budget of £110.36 million.


3.    Approve the £0.387 million increase to the capital programme as outlined in Section D of the report.

Report author: Cllr Lynden Stowe

Publication date: 11/03/2020

Date of decision: 11/03/2020

Decided at meeting: 11/03/2020 - Cabinet

Effective from: 19/03/2020

Accompanying Documents: