Agenda item

Council Finances as at 31 December 2018

Decision:

The Executive RESOLVED to note the report.

 

The Executive RECOMMENDED to Full Council the additions to the 2018/19 capital programme and revenue budget, as set out in the report.

 

Minutes:

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 2018.  At this stage in the year, the year-end outturn position could be forecasted with more accuracy. Members were advised that it was forecast that spending would be under budget at the end of the financial year.

 

Members were informed that, following the receipt of extra funding from the Department of Communities and Local Government, an addition to the capital programme relating to renovation grants of £55,910 was requested.

 

Further to the additional funding, approval was sought for the addition of £16k to the capital programme for the purchase of a multi-purpose vehicle for use by the Council’s enforcement team.

 

RESOLVED to note the report.

 

RECOMMENDED to Full Council the additions to the 2018/19 capital programme and revenue budget, as set out in the report.

 

 

Supporting documents: