Issue - meetings

Quarterly Revenue Monitoring Report Q2, including treasury management 2015/16

 

 

Meeting: 17/11/2015 - Cabinet (decommissioned, for the Executive after 28 May 2026, please click the "Committees" tab on the right) (Item 11)

11 Revenue Monitoring Report for Quarter 2, including Treasury Management

To note:

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

·  the current adverse variation of £2.250m for temporary accommodation 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 estimated in year reduction in grant

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

·  the treasury management activity for the first three months of 2015/16.

 

To approve the general fund budget movements that exceed £250,000.

Supporting documents:

Minutes:

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 £2.250m for temporary accommodation 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;

·  the treasury management activity for the first three months of 2015/16

 

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