Decision details
Revenue Budget Monitoring Report FY2019/20 - Quarter 2
Decision Maker: Executive
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To update the Executive on the budget position throughout the year and provide an estimate of the outturn position at year-end (31 March 2020)
Decision:
That:
1) the current position of the revenue budget to date be noted;
2) the forecast of outturn and the projected level of balances in respect of the General Fund be noted:
3) the Constitution Review Working Group be asked that future spend approval of available S106 developer contributions in relation to the Council’s My Journey travel programme be approved through Individual Executive Member Decision;
4) an in year supplementary estimate of £630k, in relation to increased pressure for legal support and additional workload from planning appeals, be approved and additional pressures for future years of £320k in 2020/21 and £170k in 2021/22 be noted.
Wards Affected: None Specific;
Declarations: None
Dispensations: None
Reference Number: WBC1094
Other reasons / organisations consulted
None
Consultees
Appendix A – Revenue Monitoring
Summary
Appendix B – General Fund Balance
Appendix C – Housing Revenue Monitoring Summary
Contact: Mark Thompson Email: mark.thompson@wokingham.gov.uk Tel: 0118 974 6555.
Report author: Mark Thompson
Publication date: 31/10/2019
Date of decision: 31/10/2019
Decided at meeting: 31/10/2019 - Executive
Effective from: 12/11/2019
Accompanying Documents:
- Revenue Budget Monitoring report FY2019/20 - Quarter 2 PDF 170 KB
- Appendix A - Revenue Budget Monitoring report FY2019/20 - Quarter 2 PDF 13 KB
- Appendix B - Revenue Budget Monitoring report FY2019/20 - Quarter 2 PDF 11 KB
- Appendix C - Revenue Budget Monitoring report FY2019/20 - Quarter 2 PDF 17 KB
- Appendix D - Revenue Budget Monitoring report FY2019/20 - Quarter 2 PDF 13 KB