Issue - meetings

To consider the report of the Director of Resources setting out the Council’s projected financial health position after 10 months of the financial year.

The Director of Resources submitted a report setting out the Council’s projected financial health position after 10 months of the financial year.  In determining this matter, the Board took into consideration all matters contained within the accompanying report.

The Board welcomed the positive trend which had been achieved to date, however, the significant impact of the Health Service contribution upon the Council’s current financial position was highlighted.

RESOLVED –

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

(b)  That the next Financial Health Monitoring report be submitted to the May 2012 Executive Board meeting, which will be a draft outturn for the financial year, and that for the 2012/13 Municipal Year, monitoring reports continue to be submitted to each Executive Board meeting.