Cabinet considered a report which set out the Revenue forecast for 2013/14 as at Period 11 and identified management actions being undertaken to ensure a balanced budget at the end of this financial year.

The projected overspend at Period 11 had reduced since Period 10 as a result of a reduction in the revenue pressure projected within Environmental Maintenance, additional income identified within Commissioning and savings generated across the Council as a result of the spending freeze.

(a)   That it be noted that at the end of Period 11 (28 February 2014), the full year forecast was a potential overspend of £0.588 million.

(b)  That the impact of this on the Council’s General Fund Balance be noted.