Issue - meetings

Joint Finance and Performance Report, Quarter 2 2014/15

Meeting: 18/12/2014 - Council (Item 59)

59 Joint Finance and Performance Report, Quarter 2 2014/15 pdf icon PDF 119 KB

Cabinet recommended to Council that the contribution to a new earmarked reserve (Regeneration and Enterprise Reserve), as set out in paragraph 6 of the original report is approved.

Minutes:

The Council received a report from the Cabinet which asked that Council approve the contribution to a new earmarked reserve.

 

Proposed by Councillor Jon Clempner (seconded by Councillor Tony Durcan Council):

 

RESOLVED that:

 

the contribution to a new earmarked reserve (Regeneration and Enterprise Reserve), as set out in paragraph 6 of the original report is approved.


Meeting: 11/12/2014 - Cabinet (Item 89)

89 Joint Finance and Performance Report, Quarter 2 2014/15 pdf icon PDF 203 KB

Additional documents:

Decision:

RESOLVED that:

 

A     Cabinet acknowledges the projected outturn position set out in the appendix to the report submitted for the second quarter (July – September) of 2014/15 as follows:

 

(i)    A projected under-spend on controllable budgets of £206,000, representing -0.31 per cent of the gross General Fund Budget.

 

(ii)  A total projected under-spend of £346,000 representing -0.52 per cent of the gross General Fund Budget.

 

(iii) The Council performed on target or above target for 40 out of 48 (83 per cent) of performance indicators.

 

B    The contribution to a new earmarked reserve (Regeneration and Enterprise Reserve), as set out in paragraph 6 of the report submitted, be recommended to Council.

Minutes:

The Cabinet received a report that reviewed performance against the Council’s approved General Fund Budget and Corporate Plan for Quarter Two 2014/15 and proposed the creation of a new earmarked reserve.

 

Proposed by Councillor Jon Clempner (seconded by Councillor Jean Clark) Cabinet:

 

RESOLVED that:

 

A     Cabinet acknowledges the projected outturn position set out in the appendix to the report submitted for the second quarter (July – September) of 2014/15 as follows:

 

(i)    A projected under-spend on controllable budgets of £206,000, representing -0.31 per cent of the gross General Fund Budget.

 

(ii)  A total projected under-spend of £346,000 representing -0.52 per cent of the gross General Fund Budget.

 

(iii) The Council performed on target or above target for 40 out of 48 (83 per cent) of performance indicators.

 

B    The contribution to a new earmarked reserve (Regeneration and Enterprise Reserve), as set out in paragraph 6 of the report submitted, be recommended to Council.