It was RESOLVED:-
1.1 The potential or likely variations in relation to the HRA both Revenue and Capital compared to the Budget be noted.
1.2 That, subject to any further budget variations that arise during the rest of the financial year, the in-year shortfall in funds of £320k, referred to in section 5.6 of the report, be noted.
1.3 The revised 2019/20 Capital Programme referred to in Appendix A and section 5.9 of the report be noted.
Reason for Decision:To ensure that Members are kept informed of the current budgetary position for both the HRA Revenue and Capital Budgets.
Alternative Options Considered and Rejected: At this stage in the year, make no recommendation for the transfer of funds from reserves.
Any Declarations of Interests Declared: None
Any Dispensation Granted: None