Agenda item

The Finance Portfolio Holder presented a report on the position of the Council’s finances as at 31 March 2016. He noted that the report provided the ‘first view’ as to the outturn and that figures could change as a result of the final accounts processes.

Members noted that the Council had come in under budget, due to a mix of investment in property, better pricing on contracts, reduced staffing costs, including shared work with other authorities, and continued improvement in waste collection and recycling.

Resolved, that the Revenue, Treasury and Capital Position as at 31^st March 2016 be noted.