To consider a report of the Executive Member for Finance and Corporate Director, Finance and Systems.

The Executive Member for Finance and the Corporate Director of Finance and Systemssubmitted a report whose purpose was to inform Members of the current 2018/19 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. An opportunity was provided for Members to raise questions on the content of the report. These concentrated on issues affecting variations in Business Rates receipts and the potential release of contingency funds; and it was agreed that further detail of a number of minor virements referred to at paragraph 3 of the report would be provided outside the meeting.

RESOLVED – That the content of the report, and the changes to the Capital Programme as detailed in its paragraph 21, be noted.