Decision details

(Minute 110)

The report of the Head of Treasury Services was submitted, advising Members of the overall projected financial position of the General Fund Revenue Budget after six months, for the 2011/12 financial year.

The Head of Treasury Services outlined the main factors in relation to the underspend in the Scrutiny Committee – Community budget and the overspend in relation to the other two Scrutiny budgets.

Scrutiny Committee – Resources considered the report at their meeting and their comments were noted.

Executive noted:-

(1)        the General Fund forecast financial position for the 2011/12 financial year;

(2)        the HRA forecast financial position for the 2011/12 financial year;

(3)        the outstanding Sundry Debt position as at September 2011; and

(4)        the creditors’ payments performance.