At its meeting on 09 October 2019, the Cabinet will consider a report on Performance Monitoring - 2019/20 Quarter 1. This item provides an opportunity for the Committee to comment on the report and make such recommendations to the Cabinet as it wishes.

Bill Lewis, Financial Accounting Manager, alerted the Committee to the headlines from the report which would normally have been considered by the Finance Panel but, because of its late consideration by Cabinet, had come to the Committee instead.  He drew attention to the overall adverse variance of £0.270m against the Net Budget Requirement; the revised budgeted surplus of £1.205m for the Housing Revenue Account; and the fact that an exercise was underway to review all capital forecasting with results of that exercise to be reported in Quarter 2.

The Committee noted the report, having no questions to raise or comments to make about it.