Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
This report provides comparative information on the Council’s revenue and capital expenditure for the period ended 30 September 2017. Members are invited to consider the financial performance and any corrective action that may be deemed appropriate.
This report provides summary information on the overall spending position against the revenue and capital budgets in the current year, as set out in the following tables:-
Revenue |
Budget 2017/18 |
Budget to 30 Sep 17 |
Actual to 30 Sep 17 |
Variation |
|
£000s |
£000s |
£000s |
£000s |
Service Budgets |
11,801 |
2,590 |
2,298 |
-292 |
Non-Service Budgets |
-3,184 |
-787 |
-792 |
-5 |
Net |
8,617 |
1,803 |
1,506 |
-297 |
Capital Programme |
Budget 2017/18 |
Budget to 30 Sep 17 |
Actual to 30 Sep 17 |
Variation |
|
£000s |
£000s |
£000s |
£000s |
General Fund |
42,761 |
13,154 |
12,545 |
-609 |
HRA |
4,845 |
1,623 |
963 |
-660 |
Total |
47,606 |
14,777 |
13,508 |
-1,269 |
Revenue and capital spending plans are showing an under spend for the period.
While there are no areas of immediate concern, it is appropriate to monitor financial performance over the second half of the financial year to ensure that any slippage does not adversely affect the services provided to residents and customers. Commentary on the most significant variations is set out in the briefing paper accompanying the report.
RESOLVED that the Executive notes the Revenue and Capital Budget Monitoring Report for 2017/18.
Publication date: 08/11/2017
Date of decision: 06/11/2017
Decided at meeting: 06/11/2017 - Executive
Effective from: 18/11/2017
Accompanying Documents: