Decision details

Joint Finance and Performance Report, Quarter 3 2016/17

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


RESOLVED that Cabinet acknowledges:


A     The projected outturn position set out in sections three and four of Appendix A to the report for the third quarter (October to December of 2016/17 as follows:


(i)    A favourable variation on controllable budgets of £314,000 representing a net favourable variance of -0.50 percent of the gross General Fund Budget.


(ii)  A total projected underspend of £481,000 representing a forecast underspend of -0.77 percent of the gross General Fund Budget.


(iii) The Council performed on target or above target for 44 out of 48 (92 percent) of performance indicators.


B    The transfers to reserves as set out in the Major Variations table in Appendix A to this report are made.


Report author: Simon Freeman

Publication date: 24/03/2017

Date of decision: 23/03/2017

Decided at meeting: 23/03/2017 - Cabinet

Accompanying Documents: