Decision details

This report provides a summary of the actual income and expenditure to October 2002 and the forecast outturn for 2002/2003. The latest forecast has increased marginally to £4.094 million and further action is being taken to reduce this potential overspend.

7/2003 The Cabinet noted the remedial action already taken and proposed.

Cabinet has the responsibility to ensure effective budgetary control to contain expenditure within the approved limits set by Council. Where a budget overspend is forecast Cabinet, supported by Management Team, must identify measures to remove the excess expenditure.