Issue - meetings

The overall General Fund revenue position was forecast to be an overspend of £729,000 at the year-end. Marginal improvement was reported for Quarter 2 in comparison to the position reported at Quarter 1. However the report also showed that some of the in-year pressures had been difficult to quantify due to the volatility of these budgets. The Housing Revenue Account was forecast to underspend by £8,000.

Councillor Yates proposed, Councillor Albon seconded and Cabinet agreed the following:

1.  To note the 2019-20 Quarter 2 forecast position for:

a)  The General Fund;

b)  The Housing Revenue Account;

c)  The General Fund and Housing Revenue Account Capital Programmes;

2.  To the updated General Fund and Housing Revenue Account capital programmes as set out in Annex 1 and 2 to the Cabinet report.