Issue - meetings
Financial Monitoring 2016/17 Quarter 3
Meeting: 28/03/2017 - Environment Overview and Scrutiny Committee (Item 51)
51 Financial Monitoring 2016/17 Quarter 3 PDF 74 KB
Additional documents:
- Enc. 1 for Financial Monitoring 2016/17 Quarter 3, item 51 PDF 151 KB
- Enc. 2 for Financial Monitoring 2016/17 Quarter 3, item 51 PDF 115 KB
- Policy Inform Paper - Environment - March 2017, item 51 PDF 1 MB
Minutes:
Tom Sault, Assistant Director- Finance (S151) introduced a report which set out the projected revenue and capital monitoring position for 2016/17 as at the close of quarter 3 (31 December 2016).
The quarter three revenue forecast was for an overall underspend of £0.4 million for the year (£0.2 million overspend was forecast at quarter 2). People (the former Families and Wellbeing areas) had a significant forecast overspend which had been offset largely by one-off savings within Business Services treasury management.
The quarter three capital report updated the capital programme and reflected significant re-profiling of schemes between years to reduce the 2016/17 capital programme to £30.7 million. Expenditure after the third quarter concluded was £16.4 million.
RESOLVED:
That the report be noted.