Issue - meetings

To consider the report of the Borough Treasurer.

Consideration was given to the report of the Borough Treasurer, as contained on pages 411 to 416 of the Book of Reports, which provided an overview and update of the current progress on the General Revenue Account Budget Monitoring.

The Deputy Borough Treasurer attended the meeting, summarised the current position of the Programme, referring to details as set down in the report.

RESOLVED:   That the Financial position in respect of the General Revenue Account be noted.

(Relevant Portfolio Holder: Councillor A Yates)

Councillor Yates introduced the report of the Borough Treasurer which provided a projection of the financial position on the General Revenue Account (GRA) to the end of the financial year.

In reaching the decision below, Cabinet considered the details as set out in the report before it and accepted the reasons contained therein. 

RESOLVED  (A)    That the financial position of the GRA be noted including         the position on reserves and balances.

(B)    That call-in is not appropriate for this item as the report is being submitted to the next meeting of the Executive Overview and Scrutiny Committee on 29 March 2018.