Decision details

(Minute97)

The report of the Assistant Director Finance was submitted, advising Members of the overall projected financial position of the General Fund Revenue Budget and Housing Revenue Account after three months, for the 2012/13 financial year.  He reported that the Service Committee budgets showed a small forecast overspend of £35,430 and outlined the main variances across the Council.

Scrutiny Committee – Resources considered the report at the meeting on 19 September 2012 and the comments and support of members were noted.

Executive recommended to Council to approve:

(1)        the General Fund forecast position for the 2012/13 financial year;

(2)        the HRA forecast financial position for the 2012/13 financial year;

(3)        the outstanding Sundry Debt position as at June 2012; and

(4)        the creditors’ payments performance.