Councillor Lowry, Cabinet Member for Finance introduced the Capital and Revenue Monitoring Report 2019/20 for Quarter One.

Following a short discussion, Cabinet agreed to:

·         Note the current revenue monitoring position and action plans in place to reduce/mitigate shortfalls;

·         Approve the non-delegated virements which have occurred since 1st April 2019;

·         Recommend to Council that the Capital Budget 2019-2024 is revised to £753.444m

Councillor Lowry introduced the Capital and Revenue Monitoring Report 2019/20 for Quarter One.

Following a short discussion, Cabinet agreed to:

·         Note the current revenue monitoring position and action plans in place to reduce/mitigate shortfalls;

·         Approve the non-delegated virements which have occurred since 1st April 2019;

·         Recommend to Council that the Capital Budget 2019-2024 is revised to £753.444m