The Chief Officer, Financial Services submitted a report which set out the Council’s projected financial health position for 2019/20 as at Month 7 of the financial year.
Responding to a Member’s enquiry, the Board received further information on the current position regarding Business Rates appeals and the impact of this upon the Collection Fund.
RESOLVED –
(a) That the projected financial position of the Authority as at Month 7 of the financial year, as detailed within the submitted report, be noted;
(b) That with regard to the risk that the budgeted level of capital receipts may not be receivable in 2019/20, the progress made to date and the work which is ongoing to identify budget savings proposals that will contribute towards the delivery of a balanced budget position in 2019/20, be noted.