Issue - meetings

Report of the Director of Finance and Support

The report and the forecast overspend of £1k on the Net Cost of Services are noted.

As Portfolio Holder for Finance, Councillor Perkins presented the report to Cabinet, identifying the projected outturn position for the current financial year for the Housing Revenue Account (HRA).  It was noted that the report also referred to the management action being taken in response to the forecast to minimise the impact on the Council’s HRA working balances at the end of the financial year.

RESOLVED

That Cabinet note the report and the forecast overspend of £1k on the Net Cost of Services.