Issue - decisions

Quarterly Budget Monitoring Report

28/10/2010 - Quarterly Budget Monitoring Report

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.