MAIDSTONE BOROUGH COUNCIL
RECORD OF DECISION OF THE Communities, Housing and Environment Committee
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Decision Made: |
Tuesday 15 September 2015 |
Budget Monitoring 2015-16 and Medium Term Financial Strategy 2016-17 onwards
Issue for Decision
This report provides a financial analysis of the recent out-turn for 2014/15, the current performance in the first quarter of 2015/16 and the recently agreed draft medium term financial strategy for 2016/17 onwards.
Decision Made
1. The out-turn for 2014/15 and the position for 2015/16 as at the end of June 2015 be noted;
2. That a reference be made to Policy & Resources Committee confirming agreement with the decision of the Policy and Resources Committee on the strategic revenue projection and the capital programme, in so far as it affects the Committee’s budget;
3. The Committee agreed to consider budget pressures and opportunities to provide savings to support the medium term financial strategy through a discussion group of the whole Committee and the results of the consideration be reported to a later meeting of the Committee for consideration; and
4. That potential capital projects be informally discussed by the discussion group and the results be reported to a later meeting of the Committee for consideration.
Should you wish to refer this decision to the Policy and Resources Committee, please submit a Decision Referral Form, signed by three Councillors, to the Head of Finance and Resources by: 24 September 2015.