Decision details

Revenue Budget Monitoring

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To report on financial monitoring information.

Decision:

67/2006 The Cabinet noted the forecast overspend of £216,000, as derived from January monitoring returns, and the anticipation that breakeven to budget would be achieved for the 2005/2006 financial year.

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

Publication date: 04/04/2006

Date of decision: 04/04/2006

Decided at meeting: 04/04/2006 - Cabinet

Effective from: 13/04/2006

Accompanying Documents: