Issue - meetings

To consider a report by the Head of Financial Services.

Noted the spending in the revenue budget for 2011/12 and the position on debts collected and written-off.

The Cabinet received and noted a report by the Head of Financial Services (a copy of which is appended in the Minute Book) detailing expected variations in revenue expenditure in the current year.

Executive Councillors noted that the expected outturn of revenue expenditure was now £21.4m which was 1.2m less than assumed in the draft 2011/12 budget.  The reduction was mainly due to one-off items and service managers implementing saving plans. Having expressed their thanks to staff for their efforts in achieving the budgetary outcomes, the Cabinet

RESOLVED

(a)  that the spending variations in the revenue budget for 2011/12 be noted; and

(b)  that the position on debts collected and written-off as set out in Annex B to the report now submitted be noted.