Decision details

RESOLVED:

That District Executive:-

a.

noted the current 2017/18 financial position of the Council;

b.

noted the reasons for variations to the previously approved Directorate Budgets as detailed in paragraph 7;

c.

noted the transfers made to and from reserves outlined in paragraph 23 and the position of the Area Reserves as detailed in Appendix C and the Corporate Reserves as detailed in Appendix D;

d.

noted the virements made under delegated authority as detailed in Appendix B.

Reason:

To update Members on the current financial position of the revenue budgets of the Council and to report the reasons for variations from approved annual budgets for the period 1st April to 31st December 2017