Corporate Budget Performance - Period 8
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The Cabinet considered a report of the Executive Director (Finance and Resources) on the corporate budget performance (Period 8).
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 Council Function
Referred direct to Policy and Resources Scrutiny Committee
Cabinet Members: Cllrs Gilbert and Woodley
Report author: Joe Chesterton
Publication date: 05/02/2020
Date of decision: 16/01/2020
Decided at meeting: 16/01/2020 - Cabinet