Issue - decisions

Finance Update Report 2019/20

26/02/2020 - Finance Update Report 2019/20

The Cabinet considered a report of the Chief Finance Officer which presented the Council’s forecast 2019/20 financial position as at the end of November 2019.

 

RESOLVED

 

1)    That the forecast 2019/20 budget positions for Revenue, Savings and Capital as at the end of November 2019 be noted.

 

2)    That the Revenue Budget Pressure Fund requests for 2019/20 totalling £0.145m be approved.

 

3)    That the net Capital re-phasing of £15.846m be noted.

 

4)    That the Capital funding switch detailed in 4.4.3 of the report be noted.

 

5)    That the Capital budget increase of £0.614m in 4.4.4 of the report be noted.

 

6)    That the Capital budget return of £0.050m in 4.4.5 of the report be noted.