Agenda, decisions and minutes
Venue: Committee Room 2 - Town House. View directions
Contact: Mark Masson, email mmasson@aberdeencity.gov.uk, or telephone 01224 522989
Note: Special City Growth and Resources Committee for Quarterly Accounts
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Declarations of Interest PDF 48 KB Minutes: there were no declarations of interest intimated. |
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Council Financial Performance - Quarter 1, 2018/19 - RES/18/056 PDF 84 KB Additional documents:
Minutes: 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. |