Issue - meetings
First Quarter Budget Monitoring
Meeting: 17/10/2017 - Communities, Housing and Environment Committee (Item 51)
51 First Quarter Budget Monitoring 
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Additional documents:
Minutes:
The Committee considered the report of the Director of Finance and Business Improvement on the First Quarter Budget Monitoring 2017/18.
It was noted that the forecast for the first quarter was for a £300,000 overspend. However, the second quarter was showing a more positive picture.
In response to Members concerns about any more budget cuts at the depot, the Director of Regeneration and Place advised that the team were looking at more commercial opportunities to help strengthen the budget.
In response to a question from a Member the Head of Finance undertook to email Members separately on why there was a £31,000 variance for Food and Safety Section.
RESOLVED: That the revenue position at the end of the first quarter and the actions being taken or proposed to improve the position where significant variances have been identified be noted.