Meeting documents
Cabinet
Tuesday, 15th February, 2011
Budget Monitoring - Month 9
Members were asked to:
A. Note at the end of Month 9 (31 December 2010) the full year forecast projects a potential overspend of £1,834,000, largely as a result of the severe winter weather.
B. Note that management actions have been identified to recover the directorate overspends in Community Services which could potentially reduce the overspend by £484,000 to a net overspend of £1,350,000 (Appendix 6A).
C. Note that further management actions that had been identified, have already been offset against directorate overspends in Children & Young People’s Services, Development Services, and Resources (Appendix 6B).
As per the recommendation above.
SUMMARY
The report set out the Revenue forecast for 2010/11 as at Month 9 and identified ongoing management actions to ensure that the year-end position would result in a balanced budget.
James Walton - Cabinet
Recommendations:
Members were asked to:
A. Note at the end of Month 9 (31 December 2010) the full year forecast projects a potential overspend of £1,834,000, largely as a result of the severe winter weather.
B. Note that management actions have been identified to recover the directorate overspends in Community Services which could potentially reduce the overspend by £484,000 to a net overspend of £1,350,000 (Appendix 6A).
C. Note that further management actions that had been identified, have already been offset against directorate overspends in Children & Young People’s Services, Development Services, and Resources (Appendix 6B).
Decisions reached:
As per the recommendation above.
Directorate Officer is James Walton
Tel: 01743 255011
Committee Officer is Penny Chamberlain
Tel: 01743 252729 Fax: 01743 252713
Email: Penny Chamberlain/EXTERNAL/SHROPSHIRE-CC
Attached items/documents:
- 13 Revenue Budget Monitor 2010 to 2011 Month 9 December 2010 report.pdf
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