Issue - meetings

Consideration has been given to the latest monitoring position on the 2018/19 revenue budget at the end of the third quarter to 31 December 2018 and to recommending to Council the use of up to £2.1m capital receipts to finance the 2018/19 revenue budget.

RESOLVED -

(i)

That the Council’s revenue expenditure position at 31 December 2018, as set out in appendix 1 to the report be noted.

(ii)

That the Council be recommended to approve the use of up to £2.1m capital receipts flexibility on the areas identified within paragraph 8 of the report to fund the revenue costs of transformational projects included within the 2018/19 budget.

The above decisions have been made to contribute to sound financial management and the long-term financial sustainability of the Council.