Decision details

The Executive received the third quarter monitoring report against the approved budget, which provided an update on the Revenue, Treasury and Capital budget position as at 31 December 2017.  At this stage in the year, the year-end outturn position could be forecast with more accuracy. Net expenditure was predicted to be on budget and, after taking account of savings in borrowing costs, a £1m underspend at the end of the financial year was anticipated.

RESOLVED to note the Council’s Revenue, Treasury and Capital position as at 31 December 2017.