Agenda item

Committee considered the Council’s current financial position following the quarter 2 monitoring exercise. The report had previously been considered by Executive on 6^th November.

Moved by Councillor David Bennett and seconded by Councillor Rowan Clarke

RESOLVED that:

(1)  the monitoring position of the General Fund at the end of the second quarter as detailed on Appendix 1 to the report (a net favourable variance of £1.579m against the profiled budget), and the key issues highlighted within the report be noted;

(2)  the position on the Housing Revenue Account (HRA), the Capital  Programme and Treasury Management, at the end of the second quarter as detailed at Appendices 2, 3, 4, 5 and 6 to the report, be noted.