Contact: Nick Gibbins, (01962) 847544; [email protected]

1 Summary

1.1 This report reviews the budget monitoring position for 2007/08, on the basis of the first three quarter's budget monitoring and from reviewing the service budget monitoring reports submitted to Executive members.

1.2 The following decision is sought:

That the progress made in implementing management action to contain spending within cash limits and to enable planned underspendings to be identified to be carried forward to 2008/09, be welcomed.

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.

3 Other options considered and rejected

3.1 This report forms part of the regular budget monitoring framework agreed by the Cabinet therefore no other options were considered.

4 Conflicts of interest declared by the decision maker or other Executive member consulted - None.

5 Dispensation granted by the Standards Committee - None.

6 Reason(s) for the matter being dealt with if urgent - None.

Approved by: Date:
Councillor T K Thornber CBE, Chairman