Decision details

Quarterly Budget Monitoring Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To decide any remedial action required if significant variances

Decision:

RESOLVED THAT:

  1. The contents of this report including the key projected variances to the original 2010/11 budget identified at this stage and the potential projected overspend of £801,700 for the financial year 2010/11 be noted.

  2. If, following the more detailed monitoring process currently being undertaken as part of the budget setting process for 2011/12, the potential overspend is confirmed, the Cabinet will take corrective action to ensure that the Council delivers services within the overall net budget for the year.

 

Wards Affected: (All Wards);

Scrutiny Committee: EBI

Other reasons / organisations consulted

SLT, Legal & HR

Contact: Paul Jones, Deputy Chief Executive (Section 151 Officer) Email: [email protected] Email: [email protected].

Publication date: 28/10/2010

Date of decision: 26/10/2010

Decided at meeting: 26/10/2010 - Cabinet

Effective from: 05/11/2010

Accompanying Documents: