Agenda item

Corporate Financial Performance, Quarter 3 ending 31st December, 2017 (Cab.7.3.2018/8)

Minutes:

RESOLVED:-

 

(i)        that Executive Directors/Directors (where appropriate) provide detailed plans on how their forecast overspends will be brought back into line with existing budgets on a recurrent basis;

 

(ii)       that approval be given to the write off of £0.888m historic debt, as detailed at Section 6.3 of the report;

 

(iii)      that approval be given to the budget virements listed at Appendix 1 of the report submitted;

 

(iv)      that the potential impact of the Quarter 3 monitoring position on the Council’s Medium Term Financial Strategy (MTFS) at Section 7 be noted; and

 

(v)       that an update be received on the Council Reserves Strategy as part of the 2018/19 Budget Process.

Supporting documents: