Issue - meetings

Cabinet Member: Finance & Property

Forward Plan Ref: 2010/150

Contact: Kathy Wilcox, Principal Financial Manager Tel: (01865) 323981

Report by Assistant Chief Executive & Chief Finance Officer (CA 6 ).

This is the fifth financial monitoring report for the 2010/11 financial year and covers the period up to the end of November 2010.  Part 1 & 2 set out the Council's forecast position for the 2010/11 financial year and include projections for revenue, balances, reserves. The capital programme monitoring and capital programme review update is included at Part 3.

The Cabinet is RECOMMENDED to note the report and approve the virement requests as set out in annex 2a.

Cabinet considered the fifth financial monitoring report for the 2010/11 financial year which covered the period up to the end of November 2010. Part 1 and 2 set out the Council’s forecast position for the 2010/11 financial year and included projections for revenue, balances, reserves. The capital programme monitoring and capital programme review update was included in Part 3

Prior to consideration of this item Councillor Alan Armitage addressed the meeting commending the Head of Finance and her team for managing the Council’s finance in such an efficient and transparent manner. Councillor Jim Couchman responded by thanking Councillor Armitage for his plaudits and echoing his commendations.

RESOLVED: to note the report and approve the virement requests as set out in annex 2a.