Decision details

Purpose of report: To provide members with an update on 2011/12 financial performance.

Members are asked to: Note the issues.

RESOLVED:        i)              That the performance issues identified in  the report be noted.

ii)           That the current projected pressures of £921k  and the strategies being prepared to mitigate this position be noted.

iii)          That authority be given for the use of the £714k 2011/12 New Homes Bonus to support the revenue budget and authority delegated to the Director of CBSS to consider the final allocation as part of the outturn process.

REASON:     i)                      So that corrective action can be taken by members and directorates.

ii) and iii)        In order to ensure expenditure is kept within budget.