Decision details

Education, Children and Familes Budget Monitoring

Decision Maker: Portfolio Holder for Children, Education and Families

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

1. That the latest projected overspend of £1,619,000 is forecast on the controllable budget, based on information as at May 2018.

 

2.  That the carry forward amounts held in contingency by the Portfolio Holder be released as set out in the report.

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.  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 2018/19 to minimise the risk of compounding financial pressures in future years.

Publication date: 19/07/2018

Date of decision: 19/07/2018

Effective from: 27/07/2018

Accompanying Documents: