Decision details

Updates latest budget monitoring position for 2019/20 for the RRH Portfolio

That the latest 2019/20 budget monitoring for the Renewal, Recreation and Housing Portfolio be endorsed.

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 are continuing to place emphasis on the need for strict compliance with the Council’s budgetary control and monitoring arrangements.