110 Report of the Director of Finance and Business Improvement - Second Quarter Budget Monitoring 2016/17 PDF 75 KB
Additional documents:
Minutes:
The report of the
Director of Finance and Business Improvement which related to the
Second Quarter Budget Monitoring 2016/17 was considered.
Members noted that the
overall projection showed a minor favourable variance. However, although car parking income had been
significantly above target, development management had seen a large
overspend mainly due to agency staff
having been employed for longer than expected. Members were advised that a Planning Review would
be undertaken shortly by the Director of Regeneration and Place to
address the issue.
RESOLVED: That
the revenue position at the end of the second quarter and the
actions being taken or proposed to improve the position, where
significant variances have been identified, be noted.