Issue - meetings

Third Quarter Budget Monitoring 2015-16

Meeting: 17/02/2016 - Policy and Resources Committee (Item 168)

168 Report of the Head of Finance and Resources - Third Quarter Budget Monitoring 2015-16 PDF 135 KB

View item 168 as HTML 122 KB

Additional documents:

Appendix A - Policy & Resources Committee Position, item 168 PDF 57 KB View as HTML (168/2) 10 KB
Appendix B - Revenue Budget Position, item 168 PDF 34 KB View as HTML (168/3) 10 KB
Appendix C - Capital Position, item 168 PDF 58 KB View as HTML (168/4) 10 KB
Appendix D - Treasury Management, item 168 PDF 35 KB View as HTML (168/5) 10 KB

Decision:

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 details of progress on the Collection Fund, General Fund Balances and treasury Management activity be noted.

Minutes:

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