Decision details

Corporate revenue monitor 2017/18 month 3 - 30th June 2017

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Corporate Revenue forecast as at Month3

Decision:

1.    To note the General Fund and Housing Revenue Account month 3 forecast revenue outturn variances.

 

2.    To note the action plans amounting to £2.815m, seeking to address the General Fund gross overspend forecast variance of £4.742m. All overspending departments will need to respond with further actions to reduce the net forecast overspend after mitigating actions of £2.364m.

 

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

 

Report author: James Arthur

Publication date: 10/10/2017

Date of decision: 09/10/2017

Decided at meeting: 09/10/2017 - Cabinet

Effective from: 16/10/2017

Accompanying Documents: