Issue - meetings

Cllr Fleur de Rhe-Philipe presented a report which advised Cabinet on the latest position regarding the revenue budget for the period April 2009 to February 2010.

The forecast for the Council’s overall position was within budget. As previously reported, departments had taken action to offset significant cost pressures during the financial year. It was noted that the total cost pressures absorbed during the financial year amounted to £9.08m which was in addition to efficiency measures amounting to over £10m, already factored into the budget.

Resolved:

That the report be noted.

Reason for Decision

To ensure Cabinet’s awareness of the Council’s budgetary pressures.