Issue - meetings

BUDGET MONITORING 2014/15

Meeting: 18/03/2015 - Renewal, Recreation and Housing Policy Development and Scrutiny Committee (Item 97)

97 BUDGET MONITORING 2014/15 pdf icon PDF 87 KB

Additional documents:

Minutes:

Report FSD15026

 

Members considered the latest budget monitoring position for 2014/15 based on expenditure and activity levels up to 31 January 2015.  The total portfolio budget showed a projected underspend of £135k.

 

Members also considered the level of expenditure and progress with the implementation of the selected projects within the Member Priority Initiatives.

 

The further savings identified to ensure that the culture budget would be balanced from April 2015 onwards (para. 3.4, page 37), referred to those identified in the proposals for the Priory Museum.  However, it may become necessary to find alternative savings should these not be achieved throughout the year. 

 

RESOLVED that the Portfolio Holder be recommended to:-

 

1)  endorse the latest 2014/15 budget projection for the Renewal and Recreation Portfolio; and

 

2)  note the progress of the implementation of the Renewal and Recreation projects within the member priority initiatives.