Decision details

Financial Health Monitoring 2013/14 - First Quarter Report

Reference: D40568

Decision Maker: Executive Board

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

In noting the financial position for the month for the Authority, a decision will be required as to the treatment of any variation identified.

Decisions:

The Director of Resources submitted a report presenting the Council’s projected financial health position for 2013/2014, after three months of the financial year.

 

Discussion was had in relation to the budget details presented for Commercial Services. In addition, Members considered the process of budget forecasting, and the need to ensure that the targets arising from such forecasting needed to be met wherever possible.

 

It was noted that a more detailed submission for the Public Health directorate would be included within the financial health monitoring data for quarter 2.  

 

RESOLVED – That the projected financial position ofthe authority after three months of the financial year be noted.

 

Reason Key: Expenditure > £250,000;

Portfolio Holder: Leader of Council

Other reasons / organisations consulted

N/A

Contact: Doug Meeson, Chief Officer - Financial Services Email: doug.meeson@leeds.gov.uk.

Report author: Doug Meeson

Publication date: 14/11/2013

Date of decision: 17/07/2013

Decided at meeting: 17/07/2013 - Executive Board

Accompanying Documents: