Issue - meetings
HRA Budget Monitoring Report
Meeting: 07/04/2020 - Executive (Item 43)
43 HRA Budget Monitoring Report 2019/20– Quarter 3 PDF 429 KB
To consider the report of the Chief Finance Officer.
Additional documents:
- Appendix 1 HRA Areas of Budgetary Risk Qrt 3, item 43 PDF 70 KB
- Appendix 2 HRA Qrt 3 Revenue Outturn, item 43 PDF 14 KB
- Appendix 3 HRA Qrt 3 Available Resources, item 43 PDF 17 KB
- Appendix 4 HRA Capital Monitoring Qrt 3, item 43 PDF 19 KB
Decision:
Agreed |
RECOMMENDED that Council notes and approves (where applicable):-
(1) the HRA forecast financial position for 2019/20 financial year; and (2) the revision of the HRA Capital Programme to reflect the reported variations detailed in Appendix 4 of the report presented to the meeting.
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Reason for Decision: |
As set out in the report.
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Minutes:
The Chief Finance Officer presented the report advising Members of the overall financial position of the HRA Revenue and Capital Budgets for the 2019/20 financial year after the first six months.
In addition to the budgetary over/under-spends reported, Appendix 1 of the report highlighted further areas of risk, so that Members were aware that certain budgets had been identified as being vulnerable to factors beyond the control of the Council, which could result in potential deviations from budget, and were therefore subject to close monitoring, by officers.
RECOMMENDED that Council notes and approves (where applicable):-
(1) the HRA forecast financial position for 2019/20 financial year; and
(2) the revision of the HRA Capital Programme to reflect the reported variations detailed in Appendix 4 of the report presented to the meeting.