Issue - meetings

A report detailing the Council’s financial position at the end of the third quarter of the 2012/13 financial year was considered by the Committee.

The key message to be taken from the report was that the majority of the savings which Officers had hoped to achieve during the course of the year had been identified and there was confidence that the remainder could be attained during the final quarter. Failure to achieve projected savings would result in an increased use of balances.

RESOLVED that

the current financial position on Revenue and Capital be noted, as detailed in the report.