Issue - meetings

The Cabinet Member for Economy & Strategy reported on the financial monitoring of the 2019/20 revenue and capital budgets, including the delivery of budget savings.

Resolved that: -

1)    The comments and variations in this report, and the actions in hand to address these, be noted;

2)    Directors develop and rapidly bring forward sufficiently detailed plans to assure Cabinet that service budgets can be sustainably brought back into line for 2019-20 and beyond;

3)    The consequences of continued service overspending are that no officer may consider any material further spending commitments until those savings plans are assured.