Decision details

To consider the report of the Cabinet Member for Resources detailing the General Revenue Fund, Housing Revenue Account (HRA) and Collection Revenue Fund financial position for the Council as at the end of September 2019 and highlights any key issues which need to be brought to the attention of Cabinet. 

General Revenue Fund

It is recommended that Cabinet:

i)  Note the forecast outturn position is broadly break even (net underspend of £0.01M), as outlined in paragraph 4. 

ii)  Note the performance of treasury management, and financial outlook in paragraphs 12 to 15 and appendix 1.

iii)  Note the Key Financial Risk Register as detailed in paragraph 18 and appendix 2.

iv)  Note the performance against the financial health indicators detailed in paragraphs 21 and 22 and appendix 3.

v)  Note the performance outlined in the Collection Fund Statement attached at appendix 5 and detailed in paragraphs 24 to 25.

Housing Revenue Account

It is recommended that Cabinet:

vi)  Note the forecast outturn position is an underspend of £1.77M as outlined in paragraph 23 and appendix 4.

To ensure that Cabinet fulfils its responsibilities for the overall financial To ensure that Cabinet fulfils its responsibilities for the overall financial To ensure that Cabinet fulfils its responsibilities for the overall financial management of the Council’s resources.management of the Council’s resources.management of the Council’s resources.

Not applicable.