Issue - meetings

Corporate Financial Monitoring Report - April 2016 to December 2016

Meeting: 22/02/2017 - Cabinet (Item 548)

548 Corporate Financial Monitoring Report - April 2016 to December 2016 pdf icon PDF 197 KB

Additional documents:

Minutes:

The Deputy Leader of the Council and Cabinet Member (Finance and Human Resources) submitted a report which informed Cabinet of the financial position of the Council for the period April 2016 to December 2016. The report also provided projections, based on current trends and information, of the likely outturn at the end of 2016/2017. Prudential Indicators in accordance with CIPFA’s Prudential Code were also included.

 

Delegated decision:

 

That the financial position of the Council as at 31 December 2016 be noted.

 

Reasons for the decision:

Budget Monitoring falls within the appropriate statutory duties and powers and is a requirement of the Council’s Financial Regulations.

 

Other option considered and rejected:

To reject the recommendations.