Issue - meetings

Monthly Financial Health Report 2012/13

Meeting: 27/07/2011 - Executive Board (Item 38)

38 Financial Health Monitoring 2011/12 - First Quarter Report pdf icon PDF 139 KB

To consider the report of the Director of Resources presenting  the Council’s financial health position after three months of the financial year.

 

Minutes:

The Director of Resources submitted a report presenting the Council’s financial health position after three months of the 2011/12 financial year.

 

Enquiries were made into the current position of the Children’s Services and Adult Social Care budgets. In response, Members were provided with information where available, with the undertaking that further detail regarding Children’s Services would be provided in due course. In general, it was noted that more detailed information relating to those areas facing particular budgetary pressures would be made available at future meetings. Emphasis was then placed upon the Council’s current financial pressures and assurances were given that the management of such budgetary pressures remained a priority. 

 

RESOLVED

(a)  That the projected financial position of the authority after three months of the financial year be noted.

 

(b)  That directorates continue to develop and implement action plans which are robust and which will deliver a balanced budget by the year end.