Issue - meetings

That the reports be noted.

The Corporate Finance Manger introduced a report on the Revenue Budget Monitoring 2014/15 (Month 6) report and the Capital Programme 2014/15 (Month 6) report.  He explained that both the Revenue Monitoring report and the Capital Programme report would be presented to Cabinet on 16 December 2014.  He reported on the main considerations within both reports which were appended for information.

Revenue Budget Monitoring Report

Councillor Richard Jones thanked the Corporate Finance Manager and the Finance Manager for providing information within the report on budget movements.

Councillor Jones raised a number of queries on the report and it was agreed that he would send his questions to the Corporate Finance Manager to enable him to provide more detailed responses.  The Chair asked that the questions and answers also be circulated to the Committee for information.

The Chair requested that reference to the Committee’s comments being fed back to Cabinet be included in the recommendation of future reports.

Capital Programme

Councillor Richard Jones referred to page 221 of the agenda and commented on the Rollover into 2015/16 shown at paragraph 3.05.  He said only spending that had been committed could be rolled over into the next year.  The Corporate Finance Manager agreed to check this information and provide a response to Councillor Jones.

Councillor Jones also said that following the changes to Chief Officer portfolios, it was difficult to compare the capital programme update reports with the capital programme report approved by County Council on the 18 February 2014.  The Corporate Finance Manager agreed to look at how this could be changed to make it easier to follow.

RESOLVED:

That the reports be noted.