Agenda and minutes

Fiona Earl, Principal Accountant, to report.

-           to note the position as at the end of December, 2008.

Consideration was given to a report, presented by the Principal Accountant, detailing the performance against the revenue budget for the Environment and Development Services Directorate as at the end of December 2008.  A forecast outturn for the whole of the 2008/09 financial year was also reported.

It was reported that the budget was currently showing an overspend which primarily represented a combination of the energy cost price increase, the under recovery of Planning Service fee income budgets and street cleansing.

Other areas of pressure included:-

-                      Streetpride:-  under-recovery of income – Parking and Section 38

-                      Asset Management:-  Facilities Management

-                      Culture and Leisure:-  under-recovery of income at pools

Details of savings which had been identified to part offset this position were given in the report, together with other in-house management measures, e.g. freezing the filling of non-essential vacant posts, being taken to balance the budget for the end of the Financial Year 2008-2009.

Resolved:-  (1)  That the forecast outturn position of an overspend of £766,000 for the Environment & Development Services Directorate based on expenditure and income, as at December 2008, and forecast expenditure and income to the 31st March 2009 be noted.  

(2)  That the report be referred to the Regeneration Scrutiny Panel for information.