Issue - meetings

Revenue Budget Monitoring

Meeting: 13/09/2016 - Cabinet (Item 106)

106 Revenue Budget Monitoring report

Report by Carolyn Godfrey, Corporate Director.

Supporting documents:


Councillor Dick Tonge presented the report which advised members of the revenue budget monitoring position as at the end of period 4 (end of July 2016) for the financial year 2016/2017 with suggested actions as appropriate.


Issues highlighted in the course of the presentation and discussion included: the projected overspend and the management action to be taken to address this; the adjustments taken in the course of the first quarter; the specific action to seek to reduce the number of children in residential care; the impact of packages of care and passenger transport for SEN clients; and that it was forecast that a balanced budget would be achieved by the end of the year.


In response to a question from Councillor Glenis Ansell the Chair of Financial Planning Task Group, the Leader stated that the report identified projected overspends and that action would be taken to address these. Furthermore, the s151 officer, Michael Hudson, stated that the Council had projected overspends at this stage in the previous years.


Carolyn Godfrey confirmed that the Task Group had had an opportunity to review the reports prior to Cabinet and welcomed the good challenge that the Task Group provided.



To note the outcome of the period 4 (end of July) budget monitoring and to approve all budget amendments outlined in the report presented.


Reason for Decision:


To inform effective decision making and ensure a sound financial control environment.