Issue - meetings

To provide information on Quarter 1 (to 30 June 2017) and forecast full year financial position of the Council (report of the Portfolio Holder for Finance and Executive Director – Commercialisation (S151) is enclosed).

Consideration was given to the joint report of the Portfolio Holder for Finance and the Executive Director Commercialisation (S151) which provided information on Quarter 1 (to 30 June 2017), and forecast full year financial position of the Council.  Detailed information was provided in Appendix A to the report.

The Portfolio Holder for Finance reported that there was currently a small underspend however, the Quarter 2 figures would show a more informed position.

DECISION:

That the report and appendices be noted.

(Other options considered:

·         To do nothing.

Reasons for decision:

·         To provide members with information on the overall financial position of the Council.)