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,
RESOLVED to: -
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