Issue - meetings

Capital Budget Monitoring, Forecast for 2019/2020 Financial Year

Meeting: 11/03/2020 - Executive Committee (Item 15)

15 Capital Budget Monitoring, Forecast for 2019/2020 Financial Year pdf icon PDF 510 KB

To consider the report of the Chief Officer Resources.

Additional documents:

Minutes:

Consideration was given to the report of the Chief Officer Resources.

 

The Chief Officer Resources provided Members with an overview of each Portfolio’s actual and forecast capital expenditure against funding approvals for the 2019/20 financial year as at 31st December 2019.

 

RESOLVED that the report be accepted and the Executive Committee support Option 1; namely:-

 

·        the appropriate challenge to the financial outcomes in the report be provided;

·        the appropriate financial control procedures agreed by Council be continued; and

·        the budgetary control and monitoring procedures in place within the Capital Team, to safeguard Authority funding be noted.