Revenue Financial Outturn 2018/19.
Meeting: 13/08/2019 - Governance & Audit Committee (Item 19)
19 Revenue Financial Outturn 2018/19. (For Information) 
PDF 197 KB
Additional documents:
- 07 (2 of 3) - Revenue Outturn report & append a, item 19
PDF 366 KB
- 07 (3 of 3) - Appendix B, item 19
PDF 76 KB
Minutes:
Ben Smith, Chief Finance Officer, provided a report on ‘Revenue Financial Outturn 2018/19’.
He specifically highlighted another overspend in respect of services, which could not be sustained in the long term.
The Committee discussed the position / possible action regarding continued service overspends. Directors were specifically tasked with providing the Committee with sight of their full action plans detailing how they intended to deliver credible savings to rebalance the budget as a matter of urgency.
Questions were asked on Capitalisation, Contingency Fund and Reserves.
Resolved that the Chair of the Audit Committee, notify Council of the concerns on overspend and the need for Directors to evidence full delivery plans in respect of savings.