Issue - meetings
2013-14 Common Good Budget - Monitoring Report Update
Meeting: 26/09/2013 - Finance, Policy and Resources Committee (Item 14)
14 2013/14 Common Good Budget - Monitoring Report (CG/13/093) 
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Decision:
(i) to note the income and expenditure position as at 31 July 2013 and the forecast outturn for the year; and
(ii) to note the forecast cash balances as at 31 March 2014 of £6.9M based on current estimates, which is within the recommended levels indicated by the Head of Finance.
Minutes:
With reference to article 16 of
the minute of its meeting of
25 April 2013, the Committee had before it a report by the Head of
Finance which presented information on the income and expenditure
of the Common Good budget for the period to 31 July 2013, and
outlined the forecast position of the cash balances.
The report recommended –
that the Committee -
(a) note the income and expenditure position as at 31 July 2013, and the forecast outturn for the year; and
(b) note the forecast cash balances as at 31 March 2014, of £6,900,000 based on current estimates, which was within the recommended levels indicated by the Head of Finance.
The Committee resolved:-
to approve the recommendations.