Issue - meetings

Cllr Fleur de Rhe-Philipe, Cabinet Member for Finance, Performance and Risk presented a report which advised Cabinet of the revenue budget monitoring position as at 31 January 2011 for financial year 2010-11.

It was noted that the there was an ongoing reduction in the projected overspend

Resolved

To note the report showing a forecast overspend of £0.960m which remains in line with the Council’s financial plan.

Reason for the decision

That members can approve the financial position of the Council at the continued corporate approach to managing the financial pressures and government reductions ahead of the final outturn for 2010-11