Issue - meetings

To consider the report of the Cabinet Member for Finance and Customer Experience summarising the General Fund and Housing Revenue Account (HRA) revenue financial position for the Authority for the nine months to the end of December 2018, and highlighting any key issues by Portfolio which need to be brought to the attention of Cabinet.

On consideration of the report of the Cabinet Member for Finance and Customer Experience, Cabinet noted the following:

i)  The forecast outturn position is an underspend of £0.58M, as outlined in paragraph 3.

ii)  That the forecast overspend for portfolios is £7.70M as outlined in paragraph 4 to 14.

iii)  The delivery to date of the agreed savings proposals approved for 2018/19 as detailed in paragraphs 15 to 18.

iv)  The Key Financial Risk Register as detailed in paragraph 25 and appendix 1.

v)  The performance against the financial health indicators detailed in paragraphs 29 and 30 and appendix 2.

vi)  The performance of treasury management, and financial outlook in paragraphs 31 to 38 and appendix 3.

vii)  The performance outlined in the Quarterly Collection Fund Statement attached at appendix 4 and detailed in paragraphs 42 to 43.

viii)  The forecast outturn position is an overspend of £0.97M as outlined in paragraphs 39 to 41.