Issue - meetings
Revenue Monitor 2016/17 Quarter 1
Meeting: 27/07/2016 - Cabinet (Item 23)
23 Revenue Monitor 2016/17 Quarter 1 
PDF 643 KB
Lead Member – Councillor Malcolm Pate – Leader and Portfolio Holder for Strategy, Financial Strategy, Budget and Business Plan
Report of the Head of Finance, Governance and Assurance TO FOLLOW
Contact: James Walton Tel: 01743 255001
Decision:
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.
Minutes:
The Leader presented the report setting out the revenue forecast for 2016/17 as at Quarter 1 and also identified the current projections on the 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.