Issue - meetings

(1)       A detailed quarterly budget monitoring report was presented to Cabinet, usually in September, December and March, and a draft final outturn report in June.  The reports outlined the full financial position for each portfolio and were reported to POSCs after they had been considered by Cabinet.  In the intervening months an exception report was made to Cabinet outlining any significant variations from the quarterly report.  The first quarter’s monitoring report for 2009/10 was submitted for the information of POSC members.

(2)              RESOLVED that the budget variations for the EHW Portfolio for 2009/10 based on the first quarter’s monitoring and August exception reports to Cabinet, be noted.