39 Finance Monitoring Report - September 2018 PDF 231 KB
Report of the Assistant Director – Finance and Procurement
Purpose of report
This report summarises the Finance monitoring position as at the end of each month.
Recommendations
1.1 To note the contents of the report.
Additional documents:
Decision:
Resolved
(1) That the contents of the report be noted.
Minutes:
The Committee considered a report from the Assistant Director – Finance and Procurement, which summarised the Council’s Finance Monitoring position at the end of September 2018.
The Assistant Director – Finance and Procurement advised the committee that there had been an improvement in the Council’s financial position, as a result of improved business rates growth and existing overspends having begun to be offset by underspends across some departments.
In response to questions from the Committee, the Assistant Director – Finance and Procurement advised that no additional financial risks had been identified in September or October.
Resolved
(1) That the contents of the report be noted.