Issue - meetings
BUDGET MONITORING REPORT: PERIOD 8 2019/20
Meeting: 05/02/2020 - Accounts and Audit Committee (Item 43)
43 BUDGET MONITORING REPORT: PERIOD 8 2019/20 
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To consider a report of the Executive Member for Finance and Investment and the Corporate Director, Finance and Systems.
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. Members’ attention was drawn in particular to the agreed Capital virement to support the Disabled Facilities Grant budget, and to key elements of the current net budget variances.
RESOLVED –
(1) That the report and the changes to the Capital Programme and Asset Investment Fund as detailed in paragraphs 21 and 29 be noted.
(2) That the virement be noted of £432,000 from within the Capital Programme to the Disabled Facilities Grant budget to help support the expenditure pressures in this area.
(3) That the movements in reserves set out in paragraph 10 of the report be noted.
