Issue - meetings

To consider the report of the Director of Resources, (copy enclosed).

The Committee received the report of the Director of Resources providing Members with key financial information on the progress to date against the approved budget over the period 1 April – 30 June 2018.

The report detailed the variance analysis for the following areas:

·                 Revenue Budgets (as shown in Appendices 1 and 1A to the report);

·                 Vacancy savings (as shown in Appendix 2 to the report);

·                 Agency expenditure;

·                 Major Sources of Income;

·                 Capital Projects (as shown in Appendix 3 to the report);

It was noted that current financial performance was within the approved budget limits.  Capital projects were progressing, with further projects to start within the Council’s parks and open spaces and the Director of Customers and Community had reviewed resources to ensure estimated delivery times were achieved.

In response to a question regarding the Council’s current recruitment freeze, the Director of Resources advised that it was important to have this in place in light of the possible redundancies coming out of the Ignite Project.

RESOLVED that the contents of the report be noted.