Cabinet Member for Finance and Performance

Cabinet considered the report of the Chief Financial Officer and the above Cabinet Member which set out the revenue and capital projected outturn activity for 2017/18 as at the end of September 2017.

The Cabinet Member introduced the report and explained that the total forecast revenue underspend was £465,000.  He reported that there continued to be cost pressure on housing for the homeless.  Housing Options were working with Optivo, with their large stock of housing to address this.

The Cabinet Member explained that the Scrutiny Committee would consider this report at their meeting on 25 January 2018.

Resolved:

(1)      That the projected revenue underspend on services of £465,000 (including £848,000 additional income) be noted.

(2)      That the capital expenditure of £4,039,760 to end of September 2017 be noted.