Issue - meetings

Report of the Director of Finance and Support

The report and the forecast under spend of £473k net of management action are noted.

Councillor Palethorpe declined to speak on this item.

Councillor Mildren addressed Cabinet and was pleased to see that the books were likely to balance.  He was concerned that management action in the directorate of Environment and Culture might be difficult and referred to the possible closure of Sheep Street toilets.

Councillor Perkins presented the report to Cabinet, which identified the projected outturn position for the current financial year.  The report also referred to management action being taken in response to the forecast and to minimise the impact on the Council’s general fund reserves at the end of the financial year.  He asked Cabinet to note the forecast under spend of £473k net of management action. He pointed out that the Council was in a difficult position and there were pressures to achieve savings.  Where this was not being achieved, alternative ways were being found to balance the budget and offer value for money within an efficient council.

RESOLVED

That the report and the forecast under spend of £473k net of management action be noted.