Issue - decisions

Quarterly budget monitoring report to end of August

 

 

18/10/2011 - Quarterly budget monitoring report

RESOLVED that

 

  1. the contents of this report including the key projected variances to the original 2011/12 budget identified at this stage and the potential projected overspend of £476,400 for the financial year 2011/12 be noted.

 

  1. the current freeze on spending against supplies and service expenditure budgets, where possible, is continued until further notice. This will be factored into the revised 2011/12 budget.

 

  1. If, following the more detailed monitoring process currently being undertaken as part of the budget setting process for 2012/13, the potential overspend is confirmed, corrective action be taken to ensure that the Council delivers services within the overall net budget for the year.