Decision details

2019/20 Q1 Revenue Monitoring Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No


The subject of the decision:


This report provided an update on the revenue budget position of the Council and the reserve funds at the end of June 2019.


Alternative options considered:




The reason for the decision:


To comply with S25 of the Local Government Act 2003 regarding setting a balanced budget and monitoring the financial position throughout the year.




That Cabinet approves and recommends to Council that:-


(1)     the budget remains at £9,085,870 as detailed in paragraph 3.2 of the report;


(2)     the total movement of the Economic Development Fund of £3,620 at paragraph 7.3 of the report to be allocated and to note that the Economic Development Fund remaining balance to be allocated at paragraph 7.4 of the report is £548,802;


(3)     the allocation from the Council Tax Payers Reserve at paragraph 7.5 of the report of £1,510,000;


(4)     the allocation from the One Off fund at paragraph 7.6 of the report of £257,280;


(5)     the allocation from the Repairs and Renewal Fund at paragraph 7.9 of the report of £50,000; and


(6)     to note the waiver of procurement rules at paragraph 8.2 of the report.

Reason Key: Expenditure > £50,000;

Wards Affected: All Wards;

Other reasons / organisations consulted




Contact: Louise Branford-White, Director of Finance (s151 Officer) Email:

Report author: Louise Branford-White

Publication date: 04/09/2019

Date of decision: 03/09/2019

Decided at meeting: 03/09/2019 - Cabinet

Accompanying Documents: