Decision details

Budget Monitoring 2019/20

Decision Maker: Portfolio Holder for Children, Education and Families

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes

Decision:

1.  That the latest projected overspend of £1,323,000 forecast on the controllable budget, based on information as at May 2019 be noted; and

2.  The release of the carry forward funding as set out in section 5 of the report be agreed.

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 2019/20 to minimise the risk of compounding financial pressures in future years. 

 

Publication date: 17/07/2019

Date of decision: 10/07/2019

Effective from: 18/07/2019

Accompanying Documents: