Issue - meetings
Revenue Budget Monitoring 2016/2017 - Round 1
Meeting: 09/08/2016 - Cabinet (Item 7)
7 Revenue Budget Monitoring 2016/2017 - Quarter 1 
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Minutes:
Background
This report detailed the revenue budget forecasts as at the end of June 2016. The report noted that after management action, the forecast outturn for 2016/17 was a potential overspend of £4.37m, with an expectation that this figure will be reduced further as the financial year progresses.
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Decision number: |
Decision: |
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101/2016 |
The Cabinet noted the result of the first round of revenue monitoring for 2016/17 and agreed the forecast position and proposed management action. |
Reasons
Cabinet has the responsibility to ensure effective budgetary control to contain expenditure within the approved limits set by Council.