Mr Andrew Roberts, Senior Manager Financial Management introduced the regular report of the Assistant Director: Finance and Section 151 Officer that set out the projected revenue and capital monitoring position for 2017/18 as at the close of quarter 1 (30 June 2017).

The report summarised information that had been drawn from the relevant sections of the most recent Cabinet revenue and capital monitoring reports and combined with additional relevant service information to produce a bespoke report for the Children and Families Overview and Scrutiny Committee that included the following:

• Performance against the revenue budget (including savings, income and debt); and
• Performance against the capital budget

The Senior Manager Financial Management provided Members with a summary presentation that further informed that there were a number of in-year cost pressures forecast for 2017/18 as follows:

Members noted a breakdown summary for the planned improvements to the service that included the following key points:

Resolved – That

(1)  the quarter 1 revenue forecast overspend of £3.2 million be noted; and

(2)  the performance of the capital projects within this area be noted.