Issue - meetings
Revenue Monitor Quarter 1 2015/2016
Meeting: 29/07/2015 - Cabinet (Item 40)
40 Revenue Monitor Quarter 1 2015/2016 
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Lead Member – Mr Mike Owen, Portfolio Holder for Finance, Resources and Support.
Report of the Head of Finance, Governance and Assurance is attached, marked 8.
Contact – James Walton (01743 255001)
Decision:
(a) That it be noted that at the end of Quarter One (26 June 2015), the full year forecast was a potential overspend of £5.023m.
(b) That the impact of this on the Council’s General Fund Balance be noted.
(c) That Shropshire Council act as accountable body for the new Technical Assistance programme.
Minutes:
40.1 The Portfolio Holder for Finance, Resources and Support presented a report by the Head of Finance, Governance and Assurance – copy attached to the signed minutes – which set out the Revenue forecast for 2015/2016 at Quarter 1 and identified the current projections on delivery of savings included within the forecast.
40.2 RESOLVED:
(a) That it be noted that at the end of Quarter One (26 June 2015), the full year forecast was a potential overspend of £5.023m.
(b) That the impact of this on the Council’s General Fund Balance be noted.
(c) That Shropshire Council act as accountable body for the new Technical Assistance programme.