Decision details
First Quarter Budget Monitoring 2015/16
Decision Maker: Policy and Resources Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To consider the capital and revenue budget and
expenditure figures for the first quarter of 2015/16 along with
other financial matters with a material effect on the medium term
financial strategy or the balance sheet.
Decision:
1)
That a working group of the full Committee (or Substitutes) be
established which would be supported by officers to identify robust
and deliverable savings proposals;
2)
That the revenue budget position at the end of the first quarter
and the action proposed or being taken by each service committee as
set out in table 2, paragraph 2.14 of the report of the Head of
Finance and Resources be noted;
3)
That the proposed slippage in the capital programme of
£2,875,985 into 2016/17 as detailed in paragraph 2.19 of the
report of the Head of Finance and Resources be approved;
4)
That the performance of the collection fund and the estimated level
of balances at the year end be
noted;
5)
That the performance in relation to the treasury management
strategy for the first quarter of 2015/16 be noted; and
6)
That Officers produce a memorandum
account for Mote Park.
Wards Affected: (All Wards);
Contact: Paul Riley 01622 602396 Email: paulriley@maidstone.gov.uk.
Report author: Paul Riley
Publication date: 25/09/2015
Date of decision: 23/09/2015
Decided: 23/09/2015 - Policy and Resources Committee
Effective from: 03/10/2015
Accompanying Documents:
- First Quarter Budget Monitoring 2015/16 PDF 119 KB View as HTML (1) 139 KB
- Appendix A - Committee Budget Report to June 2015 PDF 150 KB
- Appendix B - Council Budget Monitoring Summary to June 2015 PDF 97 KB
- Appendix C - Capital Monitoring Report to June 2015 PDF 61 KB
- Appendix D - Investments at 30 June 2015 PDF 92 KB