Issue - meetings

To consider the report of the Director of Resources setting out the Council’s projected financial health position after nine months of the financial year. The report reviews the position of the budget after nine months and comments on the key issues impacting on the overall achievement of the budget for the current year.

The Director of Resources submitted a report setting out the Council’s projected financial health position after nine months of the financial year.  The report reviewed the position of the budget after eight months and commented on the key issues impacting on the overall achievement of the budget for the current year. In determining this matter, the Board took into consideration all matters contained within the accompanying report.

Members highlighted the positive impact of the one-off sources income received by the Council during the financial year upon the current budgetary position. 

In responding to a Member’s specific enquiry, the Director of Environment and Neighbourhoods undertook to provide the Member in question with a briefing on an ongoing litigation matter within Housing.

In conclusion, the Board paid tribute to the robust management of the budget which had taken place throughout the current financial year.

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