Issue - meetings

To consider the report of the Director of Resources setting out the authority’s projected financial health position for 2011/12, after five months of the financial year.

The Director of Resources submitted a report setting out the authority’s projected financial health position, after five months of the 2011/12 financial year. In determining this matter, the Board took into consideration all matters contained within the accompanying report.

Having responded to Members’ questions, the Board welcomed the successful resolution of VAT matters with the HMRC.

RESOLVED –

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

(b)  That the budget adjustments, as detailed within paragraph 3.6.1 of the submitted report, be approved.