Decision details

BUDGET MONITORING 2019/20

Decision Maker: Portfolio Holder for Renewal, Recreation and Housing

Is Key decision?: No

Is subject to call in?: Yes

Decision:

The latest 2019/20 budget provision projection for the Renewal, Recreation and Hosing Portfolio be endorsed.

Reasons for the decision:

The Resources Portfolio Plan includes the aim of effective monitoring and control of expenditure within budget and includes the target that each service department will spend within its own budget.

 

Bromley’s Best Value Performance Plan “Making a Difference” refers to the Council’s intention to remain amongst the lowest Council Tax levels in outer London and the importance of greater focus on priorities.

 

The four year financial forecast report highlights the financial pressures facing the Council.  It remains imperative that strict budgetary control continues to be exercised in 2019/20 to minimise the risk of compounding financial pressures in future years.

 

Chief Officers and Departmental Heads of Finance continue to place emphasis on the need for strict compliance with the Council’s budgetary control and monitoring arrangements.

Publication date: 06/11/2019

Date of decision: 06/11/2019

Effective from: 14/11/2019

Accompanying Documents: