Agenda item

To provide an overview of the budget, including the achievement of approved savings as at the end of Quarter 3, 2011/12.

(Report attached)

The Committee received a monitoring report detailing the Council’s financial position at the end of the third quarter of 2011/12. Officers reported that the Council was on course to achieve the savings included within the budget agreed in February 2011, including savings relating to shared services, Transformation, vacancy management and changes to Terms and Conditions.

RESOLVED that

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