Issue - decisions
2019/20 Revenue Budget Monitoring Report for the Period Ending 30th June 2019
01/08/2019 - 2019/20 Revenue Budget Monitoring Report for the Period Ending 30th June 2019
RESOLVED: |
That District Executive agreed to:- |
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a. |
note the current 2019/20 financial position of the Council; |
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b. |
note the reasons for variations to the previously approved Directorate Budgets as detailed in paragraph 8, Table 1; |
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c. |
note the virements made under delegated authority as detailed in Appendix B; and |
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d. |
note the transfers made to and from reserves outlined in paragraph 27, Table 4 and the position of the Area Reserves as detailed in Appendix C and the Corporate Reserves as detailed in Appendix D. |
Reason: |
To note the current projection of the forecast spending and income (“outturn”) against the Council’s approved Revenue Budget for the financial year, and to explain projected variations against budget. |