Decision details

Financial Health Monitoring 2014/15: Month 5

Reference: D41830

Decision Maker: Executive Board

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

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

Decisions:

The Deputy Chief Executive submitted a report presenting the Council’s projected financial position for 2014/15 after five months of the financial year.

 

The Deputy Chief Executive provided an update to the Board and indicated that the draft month 6 figures showed a further deterioration in the Council’s financial position by approximately £1,000,000.

 

RESOLVED – That the projected financial position of the authority after five months of 2014/15, as detailed within the submitted report, be noted.  

 

Portfolio Holder: Leader of Council

Other reasons / organisations consulted

None – these reports are factual

Contact: Doug Meeson, Chief Officer - Financial Services 2474250 Email: doug.meeson@leeds.gov.uk.

Report author: Doug Meeson

Publication date: 26/11/2014

Date of decision: 15/10/2014

Decided at meeting: 15/10/2014 - Executive Board

Date comes into force if not called in: 25/10/2014

Call-in deadline date: 24/10/2014

Accompanying Documents: