The Committee were provided with an overview
of the report updating the capital and revenue expenditure as at
the end of December 2015, Quarter 3 of 2015/16, against the
approved budgets including the collection fund and treasury
management.
The Committee were informed that schemes for
financing borrowing would come back to this Committee for
agreement.
RESOLVED:
1.
That the Authority’s Revenue position at the end of December
2015, i.e. end of Quarter 3 for 2015/16 be noted.
2.
That the slippage position and re-profiling of the Capital
Programme for 2015/16 be agreed.
3.
That the details on the updated progress on the Collection Fund,
General Fund Balances and Treasury Management activity be
noted.
Voting: For – 15 Against – 0
Abstentions – 0