Decision details

Revenue Monitoring Report for Quarter Three, 2015/16, including Treasury Management

Decision Maker: Cabinet

Decision status: Information Only

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To note the forecast revenue outturn position for Q3, including treasury management

Decisions:

RESOLVED:

 

1.  That the following be noted:

 

·    the general fund outturn forecast for 2015/16 and forecast net movement in reserves by department

·    the current adverse variation of £2.308m for temporary accommodation and £2.290m for no recourse to public funds, and the potential call on the corporate contingency budget and on other reserves

·    the continuing action required to manage the public health budget as a consequence of the confirmed in year reduction in grant

·    the housing revenue account’s (HRA) forecast outturn for 2015/16 and resulting forecast movement in reserves

·    there has been no change in treasury management activity since the previous quarter.

 

2.  That the general fund budget movements that exceed £250,000, as shown in Appendix A of the report be approved.

Report author: Duncan Whitfield

Publication date: 10/02/2016

Date of decision: 09/02/2016

Decided at meeting: 09/02/2016 - Cabinet

Effective from: 18/02/2016

Accompanying Documents: