Issue - meetings

Cllr de Rhe-Philipe presented a report on the monitoring of the revenue budget for the period April – December 2009.  She explained that the financial pressures previously reported as £1.484 million had now been managed down to £0.956 million of outstanding pressures.  Cllr de Rhe Philipe explained that work was ongoing to reduce this with the aim of having a balanced budget by year-end.

The Chief Executive reported that officers would be working towards a solution which would be reported to the next Cabinet meeting in March.

Resolved:

That the report be noted.

Reason for Decision

To make Councillors aware of the Council’s budgetary pressures.