Contact: Jon Pittam, (01962) 847544; [email protected]

1 Summary

1.1 This report sets out the latest projection of the outturn for 2005/06 and identifies some outstanding issues to be resolved in the production of the final accounts for 2005/06. The following decisions are sought:

· to approve provisional plans to deal with the 2005/06 adult services overspend

· to receive a further report in June when the accounts are closed on the overall funding situation for 2005/06 and the implications for 2006/07.

2 Reason

2.1 Budget monitoring reports are submitted regularly to the Cabinet, to review whether any action is required to deal with variations between planned and actual spending. The report supports all the aims of the corporate strategy.

3 Other options considered and rejected:

3.1 Not applicable

4 Conflicts of interest declared by the decision maker or other Executive member consulted

4.1 Not applicable

5 Dispensation granted by the Standards Committee

5.1 Not applicable

6 Reason for the matter being dealt with if urgent

6.1 Not applicable

Approved by: Date:

Councillor T K Thornber CBE