Issue - meetings

That:

1)        the forecast outturn position of the revenue budget and the level of forecast balances in respect of the General Fund, Housing Revenue Account, Schools’ Block and the Authority’s investment portfolio be noted;

2)        it be noted that the 17/18 carry forward requests are £0.

The Executive considered a report setting out the budget monitoring position of the Revenue Budget at the end of June 2017 and the level of forecast balances in respect of the General Fund, Housing Revenue Account, Schools’ Block and the Authority’s investment portfolio.

The Deputy Executive Member for Finance, 21^st Century Council, Internal Services and Human Resources reported that the General Fund and Housing Revenue Account were not forecasting any variance while the Schools Block was forecasting an adverse variance of £385k.

RESOLVED that:

1)        the forecast outturn position of the Revenue Budget and the level of forecast balances in respect of the General Fund, Housing Revenue Account, Schools’ Block and the Authority’s investment portfolio be noted;

2)        it be noted that the 2017/18 carry forward requests are £0.