Your council
Issue - meetings
Finance Report Six Month To End of September 2019
Meeting: 18/11/2019 - Cabinet (Item 67)
67 Finance Report Six Month To End of September 2019 PDF 104 KB
To consider the attached report (C-022-2019/20).
Additional documents:
- C-022 - Appendix to Finance Report, item 67 PDF 500 KB
- Webcast for Finance Report Six Month To End of September 2019
Decision:
The Cabinet noted and commented on the report and actions in the Financial Performance report for the six months to the end of September 2019.
Minutes:
The Business Support Services Portfolio Holder introduced the new format financial report summary report covering the period to the end of September 2019. It was noted that this was the first of the new format of summary financial report, which would be produced and issued monthly. It would report on progress and actions and would develop as circumstances required. The new format had been well received as it was easier to understand.
In revenue terms, the Authority was currently performing £3million to the good with a forecast year-end position of break even.
Decision:
The Cabinet noted and commented on the report and actions in the Financial Performance report for the six months to the end of September 2019.
Reasons for Proposed Decision:
This was introducing a new format financial summary report.
Other Options for Action:
N/A.