Issue - meetings

The Committee notes the explanations given.

The Corporate Finance Manager introduced a report to provide details and explanation of the specific budget headings included within central and corporate budgets, as requested at a previous meeting. The Central and Corporate Budget for 2019/20 at £23.498m was 9% of the overall Council Fund budget of £264m.  In general terms the Central and Corporate Finance Budget contained the central organisational costs for the Council that were not directly attributable to individual portfolios and services.   

The Corporate Finance Manager reported on the main considerations, as detailed in the report.  He said the report provided a detailed breakdown on this budget area based on the 2019/20 budget of £23.498m.  The report also provided further background to all Members prior to the commencement of revenue budget monitoring for the 2019/20 financial year and as part of the Medium Term Financial Strategy.

RESOLVED:

The Committee notes the explanations given.