Resourcing Better Outcomes - Financial Performance Report for November (Period 8)
Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
The Cabinet considered a report of the Executive Director (Finance and Resources) reviewing the Council’s financial performance.
Reasons for Decision
The regular reporting of Revenue and Capital Budget Monitoring information provides detailed financial information to Councillors, senior officers and other interested parties on the financial performance of the Council. It also informs decision making to ensure that the Council’s priorities are delivered within the approved budget provision.
The Council could choose to monitor its budgetary performance against an alternative timeframe but it is considered that the current reporting schedule provides the appropriate balance to allow strategic oversight of the budget by Councillors and to also formally manage the Council’s exposure to financial risk.
Note: This is a Council Function
Eligible for call-in to Policy and Resources Scrutiny Committee
Cabinet Members: Cllrs Gilbert and Collins
Report author: Joe Chesterton
Publication date: 14/01/2022
Date of decision: 13/01/2022
Decided at meeting: 13/01/2022 - Cabinet
Effective from: 22/01/2022
This decision has been called in by:
- Councillor Tony Cox who writes for consideration by the Policy & Resources Scrutiny Committee"
- Councillor Meg Davidson who writes for consideration by the Policy & Resources Scrutiny Committee"