Decision details

Revenue Budget Monitoring - 2003/2004

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report informs Members of the actual income and expenditure to November 2002 and the forecast outturn for 2002/2003. The latest forecast has increased to £4.541m and further action is being taken to reduce this potential overspend.

Decision:

62/2003 The Cabinet noted the report.

Reasons for the decision:

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.

Publication date: 04/02/2003

Date of decision: 04/02/2003

Decided at meeting: 04/02/2003 - Cabinet

Effective from: 13/02/2003

Accompanying Documents: