Decision details

2019/20 Q2 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 September 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 £117,683 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 £665,485;


(3)     the allocation from the One Off Fund at paragraph 7.6 of the report of £461,837; and


(4)     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: 04/12/2019

Date of decision: 03/12/2019

Decided at meeting: 03/12/2019 - Cabinet

Accompanying Documents: