Issue - meetings

To submit the report of the Head of Function (Resources).

RESOLVED to note and monitor the position set out in respect of financial performance to date, the projected year-end deficit and the actions being taken to address the deficit.

Submitted – The report of the Head of Function (Resources) outlining the position on the Council’s revenue spending for the second quarter of 2013-14, together with a projected position for the year as a whole, an overview of available reserves and a review of progress by services in achieving agreed savings.  Based on this, the report set out a projected year-end position of an overspend of £265K.

Councillor A Morris Jones wished to record his gratitude in the minutes, to the Social Services Department for turning around the Quarter 1 overspend of £1.3m in Social Care to a forecasted underspend of £634k in Quarter 2.

RESOLVED to note and monitor the position set out in respect of financial performance to date, the projected year-end deficit and the actions being taken to address the deficit.