Issue - meetings

Financial Monitoring

 

 

Meeting: 08/11/2011 - Cabinet (Item 73)

73 Financial Performance Forecasts as at 30 September 2011 pdf icon PDF 606 KB

(Report of the Director of Corporate Resources – To be introduced by the Cabinet Member for Finance Carbon Reduction). To consider the forecast financial revenue and capital outturns for 2011/12 based on performance to 30 September 2011 and proposed management actions and budget adjustments.   

Additional documents:

Minutes:

The Cabinet received a report setting out the forecast financial revenue and capital outturns for 2011/12 based on actual performance to 30 September 2011.  The report also sought approval of proposed management actions and budget adjustments.

 

It was noted that as changes to the NHS Continuing Care criteria changed and the fewer people were eligible for support there was likely to be greater demand placed on services provided by the Local Authority. This was issue would continue to be monitored and reported on.

 

RESOLVED:

 

  1. That the progress being made against the Council’s 2011/12 budget in respect of revenue and capital be noted.

 

  1. That the budget virements set out in Appendix 3 and the carry forward requested in paragraph 8.4 of the report be approved.

 

  1. That the Director of Children’s Services be required to take the necessary action to bring current spending to within the approved budget.