Issue - meetings

10 Budgetary Control (April - July 2019)

Meeting: 24/09/2019 - Finance and Corporate Services Committee (Item 419)

419 Budgetary Control (April - July 2019) pdf icon PDF 421 KB

To consider the report of the Interim Section 151 Officer, (copy enclosed).

Additional documents:

Minutes:

The Committee received the report of the Interim Section 151 Officer providing Members with key financial information on the progress to date against the approved budget over the period 1 April – 31 July 2019.

 

The report detailed the variance analysis for the following areas:

 

·                 Revenue Budgets (as shown in Appendix 1 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 and income was performing as expected.  Capital projects were progressing and the programme at this stage in the financial year was expected to be completed within this financial year.

 

Members were advised by the Interim Section 151 Officer that profiling was done on an annual basis as part of the review of budget cycles.

 

In response to a question raised regarding the Homeless Grant received by the Council, the Interim Section 151 Officer advised that he did not have this information available but would circulate it to the Committee outside of the meeting.  Comments were also raised at this time regarding value for money in respect of the Council’s utility bills.

 

RESOLVED that the contents of the report be noted.