Decision details

To report on the latest monitoring position.

88/2007 The Cabinet noted the current forecast overspend of £743,000, based on January returns, but also the likelihood of further significant movement to this position during the closedown process, with a firm commitment to still achieving break-even to budget.

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 the corporate management team must identify measures to remove the excess expenditure.