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.