Decision details

Corporate Revenue Monitor 2017/18 Month 2 - 30 May 2017

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Revenue Forecast at Month 2 & Virement Request

Decision:

1.    To note the General Fund and Housing Revenue Account month 2 forecast revenue outturn variances.

 

2.    To note the action plans amounting to £1.765m, seeking to address the General Fund gross overspend forecast variance of £2.896m. All overspending departments will need to respond with further actions to reduce the net forecast overspend after mitigating actions of £1.131m.

 

3.    To approve the proposed virements requests in appendix 11.

 

Report author: James Arthur

Publication date: 05/09/2017

Date of decision: 04/09/2017

Decided at meeting: 04/09/2017 - Cabinet

Effective from: 11/09/2017

Accompanying Documents: