Cabinet considered a report by the Head of Finance, Governance and Assurance (Section 151 Officer) which set out the Revenue forecast for 2014/15 as at Quarter 2 and identified the current projections on delivery of savings included within the forecast.

(a)  That it be noted that at the end of Quarter 2 (29 August 2014), the full year forecast was a potential overspend of £1.603m.

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

(c)  That approval be given to credit notes for £113,425 and £162,000 being raised against sales ledger account S1/00587 in order to correct duplicate and incorrect debts within the account for care costs.