Agenda item

To consider the Council’s budget report data for the first quarter of the year.

(Report to follow)

The first quarter budget monitoring report was considered by the Committee.

Members queried whether the assumptions made within the report took into consideration the current national economic situation.  Officers responded that they had not noticed any significant potential problems.  Members asked whether contingencies had been factored in to budget projections.  Officers explained that consideration would have to be given to projections on fuel for vehicles used by the Council.  It was likely that as the Council used fixed term contracts for fuel there could be potential problems when these ended. 

RESOLVED that

the Quarterly Budget Monitoring report be noted.