Agenda, decisions and minutes
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Contact: Mark Masson, email firstname.lastname@example.org, or telephone 01224 522989
Note: Special City Growth and Resources Committee for Quarterly Accounts
there were no declarations of interest intimated.
The Committee had before it a report by the Director of Resources which provided the financial position of the Council, as at Quarter 1 (April – June 2018) and the full year forecast position for the financial year 2018/19, including (1) General Fund and Housing Revenue Account (HRA) revenue and capital accounts and the associated Balance Sheet; and (2) Common Good Revenue Account and Balance Sheet.
The report recommended:-
that the Committee –
(a) note the following:-
(i) General Fund and HRA financial performance as detailed in Appendix 1;
(ii) Common Good financial performance as detailed in Appendix 3;
(iii) General Fund forecast revenue position as detailed in Appendix 2;
(iv) HRA forecast revenue position as detailed in Appendix 2;
(v) General Fund updated five-year capital position as detailed in Appendix 2;
(vi) HRA forecast capital position as detailed in Appendix 2;
(vii) Common Good forecast revenue position as detailed in Appendix 1; and
(viii) Group Entities forecast revenue position as detailed in Appendix 4; and
(b) agree the following, further details of which are provided in Appendix 2 of the report:-
General Fund Revenue
(i) Instruct the Chief Officer - Finance to work with the organisation, using their influence as appropriate, to ensure the budget position agreed by the Council is adhered to.
The Committee resolved:-
(i) to approve the recommendations; and
(ii) that officers circulate to members of the Committee, a comparison of the Short Term Debtors balance in June 2018 to that in the previous year.
- COUNCILLOR DOUGLAS LUMSDEN, Convener.