Decision Maker: Mid Suffolk Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To note the Q3 budgetary position for the
General Fund
It was RESOLVED:-
1.1 That, subject to any further budget variations that arise during the rest of the financial year, the surplus funds of £879k, referred to in section 5.8 of the report, be noted;
1.2 That, subject to any further variations that arise in business rates funding during the rest of the financial year, the shortfall in funds of £332k, referred to in section 5.9 of the report, be noted;
1.3 That, the forecast position for the 2019/20 Capital Programme, referred to in Appendix E and section 5.19 of the report, be noted.
Reason for Decision:To ensure that Members are kept informed of the current budgetary position for both General Fund Revenue and Capital.
Alternative Options Considered and Rejected: At this stage in the year, the financial position is for noting only.
Any Declarations of Interests Declared: None
Any Dispensation Granted: None
Publication date: 11/03/2020
Date of decision: 09/03/2020
Decided at meeting: 09/03/2020 - Mid Suffolk Cabinet
Effective from: 19/03/2020
Accompanying Documents: