Agenda item

Corporate Financial Performance Report - Quarter 1 Ending 30th June, 2019 (Cab.4.9.2019/11)

Minutes:

RESOLVED:-

 

(i)        that the Corporate Financial Performance Report for the Quarter 1 ending 30th June 2019, as set out in the report now submitted, be noted;

 

(ii)       that the current forecast operational underspend for 2019/20 of £3.79m be noted;

 

(iii)      that approval be given to the recommended write off totalling £0.575m of historic debt (£0.510m General Fund/£0.065m HRA) as shown at paragraph 7.3 of the report;

 

(iv)      that the budget virements detailed at Appendix 1 of the report, be approved; and

 

(v)       that the ongoing uncertain and challenging financial environment facing the local authorities despite the positive Quarter 1 position reported for the Council be noted.

Supporting documents: