Decision details
Council Financial Performance, Quarter 3, 2019/20 - RES/20/032
Decision Maker: City Growth and Resources Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Decision:
(i) to note the positive cash position that has been achieved for the General Fund and HRA to the end of Quarter 3 as detailed in Appendix 1 of the report;
(ii) to note the Common Good financial performance to the end of Quarter 3 as detailed in Appendix 3 of the report;
(iii) to note that the revenue budgets for the General Fund, HRA and Common Good are on target to achieve a balanced position for 2019/20 as detailed in Appendix 2 of the report;
(iv) to note that the capital expenditure for the General Fund will be lower than budgeted, which will result in project budgets being carried forward into 2020/21; and for the Housing Capital programme the estimate remains that the budgeted funding requirements will be achieved, as detailed in Appendix 2 of the report;
(v) to approve the budget virements for Housing Capital as detailed in Appendix 2 of the report; and
(vi) to thank all officers who were involved in the preparation of the report.
Publication date: 11/02/2020
Date of decision: 06/02/2020
Decided at meeting: 06/02/2020 - City Growth and Resources Committee
Accompanying Documents: