Decision details

This report provides comparative information on the Council’s revenue expenditure for the period ended 30 September 2019.  Members are invited to consider the financial performance and any corrective action that may be deemed appropriate.

The report provides summary information on the overall spending position against the revenue budgets in the current year, as set out in the following tables: -

Revenue spending plans are showing an under spend for the period up to 30 September 2019.

However, there are a number of areas where spend is in excess of the budget so it remains appropriate to continue to monitor financial performance closely 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 Finance Monitoring Report 2019-20.