Decision details

Councillor Lunn, Lead Executive Member for Finance and Resources presented the financial results and budget exceptions report to 31 December 2017.

The Lead Executive Member for Finance and Resources explained that the performance from the last quarter had been positive however the Council was still slightly short of the savings target. It was also noted that there had been slight slippage in the Programme for Growth.

Concern was raised at the levies charged to the authority by the Internal Drainage Boards and it was felt that as the Revenue Support Grant was stopped by the Government, the levies would create more pressure for the authority.

The Chief Finance Officer explained that the Fair Funding Review consultation by the Government allowed an opportunity to raise issues such as this along with other pressures on local government budgets.

RESOLVED:

To endorse the actions of officers and note the contents of the report.

REASON FOR THE DECISION

To ensure that budget exceptions are brought to the attention of the Executive in order to approve remedial action where necessary.