Issue - meetings
REVENUE BUDGET MONITORING 20**/** PERIOD * (MONTH - MONTH)
Meeting: 30/09/2019 - Executive (Item 48)
48 BUDGET MONITORING 2019/20 - PERIOD 4 (APRIL TO JULY 2019) 
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To consider a report of the Executive Member for Finance and Investment and the Corporate Director of Finance and Systems.
Decision:
1. That the report and the changes to the Capital Programme as detailed in paragraph 30 be noted.
2. That the provision be agreed of a short term loan facility to Trafford Leisure Community Interest Company as detailed in the report.
Minutes:
The Executive Member for Finance and Investment and the Corporate Director of Finance and Systems submitted a report which informed Members of the current 2019/20 forecast outturn figures relating to both Revenue and Capital budgets. It also summarised the latest forecast position for Council Tax and Business Rates within the Collection Fund and sought approval for the provision be agreed of a short term loan facility to Trafford Leisure Community Interest Company. An opportunity was provided for Members to raise issues in relation to the report’s content; these concentrated on the volatility of the Business rates budget, the envisaged use of the Government’s “Brexit” grant and support for the proposed loan facility to the Trafford Leisure Community Interest Company.
RESOLVED -
(1) That the report and the changes to the Capital Programme as detailed in paragraph 30 be noted.
(2) That the provision be agreed of a short term loan facility to Trafford Leisure Community Interest Company as detailed in the report.
