Issue - meetings

Report of the Executive Director Finance (interim) and the Assistant Director: Performance and Transformation

Purpose of report

This report summarises the Council’s Performance, Risk and Finance monitoring position as at the end of each month.

Recommendations

The meeting is recommended:

 1.1        To note the monthly Performance, Risk and Finance Monitoring Report with this committee focussed on the finance section specifically

Resolved

(1)  That the monthly Performance, Risk and Finance Monitoring Report with specific focus on the finance section be noted.

The Committee considered a report from the Interim Executive Director – Finance and Governance and the Assistant Director – Performance and Transformation, which summarised the Council’s Performance, Risk and Finance Monitoring position at the end of March 2019.

In introducing the report, the Interim Executive Director – Finance and Governance advised the Committee that a surplus of £431k had been reported for the 2018/19 financial year, and that it had been recommended by Executive to place this surplus into earmarked reserves.

In response to questions from Members regarding the Capital Programme, the Interim Executive Director – Finance and Governance advised that a Capital Programme underspend of £541k had been reported for the 2018/19 financial year.

Resolved

(1)  That the monthly Performance, Risk and Finance Monitoring Report with specific focus on the finance section be noted.