It was RESOLVED:-
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 £218k, referred to in section 5.5 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