Decision details

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

RESOLVED:

1.  That the following be noted:

·  the general fund outturn forecast for 2014/15 and forecast net movement in reserves by department

·  the housing revenue account’s (HRA) forecast outturn for 2014/15 and resulting forecast movement in reserves

·  the treasury management activity for the first three quarters of 2014/15.

2.  That the forecast performance for the collection of council tax be noted.

3.  That the forecast performance for the collection of business rates and the risks associated with the business rate retention scheme be noted.

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

5.  That the budget pressures of approximately £300,000 arising from demands on discretionary housing payments that exceed DWP funding allocations be noted and officers be instructed to identify resources to alleviate pressure on the DHP.