The Leader and Portfolio Holder for Strategy, Financial Strategy, Budget and Business Plan presented a report from the Head of Finance, Governance and Assurance setting out the Revenue forecast for 2016/17 as at Quarter 1 and identified the current projections on delivery of savings included within the forecast.

RESOLVED:

i)             That it be noted that at the end of Quarter 1 [1 July 2016], the full year forecast is a potential overspend of £1.362m;

ii)            That the impact of this on the Council’s General Fund Balance be considered.