Agenda item

The Committee noted an update on the latest approved revenue budget for

2017/18 and seeks your approval for a provisional revenue budget for 2018/19, for

subsequent submission to the Finance Committee. The budgets have been

prepared within the resources allocated to the Director and overall the provisional Original budget for 2018/19 totals £1.614M, an increase of £416,000 compared with the latest approved budget for 2017/18. The main reasons for this increase is a rise of £484,000 in the City Surveyor’s Repairs & Maintenance costs, a decrease of £49,000 in customer & client receipts, off-set by a reduction of £65,000 in supplies & services and a reduction of £60,000 within Learning Recharges.

In response to a query regarding West Ham Park Nursery, Members were informed that a report with options available to the Committee was due to be submitted for consideration in Spring 2018.

Resolved – that the update be received.