Issue - meetings

To receive information on financial monitoring on general fund revenue, Housing Revenue Account (HRA) and Capital Plan, as at Quarter 2  2017-18.

 Contact: Eamonn Croston, Head of Finance and Accountancy, tel: 01484 221000

1)    That approval be given to the proposed use of additional Better Care Funding monies in 2017-2018, as detailed within the considered report.

2)    That, pursuant to (1) above, the Quarter 2 forecast £1.0m revenue monitoring underspend be noted.

3)    That the forecast reduction in general fund reserves in-year at £21.5m and year end position at £68.6m.

4)    That the favourable in-year financial performance on the Collection Fund be noted.

5)    That the Quarter 2 forecast HRA surplus at £206k and forecast reserves position at year end at £49.7m be noted.

6)    That proposals to incorporate key intelligence from Quarter 2 monitoring, as appropriate, into the forthcoming updated 2018-2022 budget plan proposals, as appropriate, be noted.