Issue - meetings

R Baker presented the budget report for Quarter 3 and provided details on the General Fund, Housing Revenue Account and Capital Programme.

R Baker was happy to take questions on the report.

Cllr Mahmood referred to page 5, and queried if the referendum in June is pencilled in the budget.

R Baker said no its not in next year’s budget but it will be fully funded.

Cllr Mahmood referred to page 6, 3.1 if it’s in brackets is that to be taken as a saving.

R Baker They are either an underspend on the budget or an over achievement of income.

Cllr Mahmood said that he didn’t think Colum 6 at the bottom added up correctly. R Baker agreed to look at this.

Cllr Mahmood referred to page 10 and asked what the reason was for the increase in this instance.

R Baker said the key variances for that are in 4.7 and one hundred and sixty thousand of that is to do with general fund properties being used by the HRA, and the transfer of income from HRA. Fourty thousand is for legal fees recovered from 14-15.

Cllr McLean referred to item 4.6 on page 7. How many more houses does that equate to that which we have taken out of rental stock?

E Brooks said about one hundred properties were forecast for the year where tenants have exercised their right to buy.

Action: None

Outcome: The report was noted.