Issue - items at meetings - Targeted Budget Management (TBM) Month 9

Report of the Director of Finance (copy attached).

(1)         That Cabinet notes the provisional outturn position for the General Fund.

(2)         That Cabinet notes the provisional outturn for the Section 75 Partnerships and Housing Revenue Account (HRA) for 2010/11.

(3)         That Cabinet approves the changes to the capital programme, as set out in appendices 2 to 6.

162.1          The Cabinet considered a report of the Director of Finance concerning the council’s revenue and capital forecast outturn position as at month 9.

162.2          In response to a question from Councillor Mitchell concerning proposals for a coach and lorry park in the city, the Chairman advised that possible sites were being identified and that she would write to Councillor Mitchell once more information was available.

162.3          Councillor Brown welcomed the work undertaken within Children’s Services to reduce the overspend in their budget.

162.4          The Chairman thanked the finance officers and officers within individual departments for the significant work on achieving the position stated within the report.

162.5          RESOLVED – That, having considered the information and the reasons set out in the report, the Cabinet accepted the following recommendations:

(1)         That the provisional outturn position for the General Fund be noted

(2)         That the provisional outturn for the Section 75 Partnerships and Housing Revenue Account (HRA) for 2010/11 be noted.

(3)         That the changes to the capital programme, as set out in appendices 2 to 6, be approved