Issue - meetings

This report presents details of the Council’s financial position for the period covering 1 April to 30 September 2014.

Resolved:           That Cabinet agree to note the current financial position of the Council as set out in the 2014/15 Finance Monitor.

Reason: To ensure expenditure is kept within the approved budget.

Consideration was given to a report which presented details of the Council’s financial position for the period 1 April to 30 September 2014.

It was noted that the Council faced financial pressures of £1,309k, an improvement of £1,015k compared to Monitor 1. Details of the main variations and any mitigating actions proposed were set out in detail in the report .

The Cabinet Member referred to the continuing financial pressures and to the significant progress made in improving the situation.

Resolved:           That Cabinet agree to note the current financial position of the Council as set out in the 2014/15 Finance Monitor.

Reason: To ensure expenditure is kept within the approved budget.