AGREED: That Cabinet:

i)               noted the forecast revenue outturn for the year was an overspend on services of £7.396m which reduced to an overspend of £3.688m when including unallocated contingency budgets and changes to funding budgets (para 4);

ii)             noted that the Council’s approach to in-year budget monitoring and management was being strengthened – as part of a wider approach to improving corporate governance at RBWM - as set out in within the report; and

iii)            noted the forecast capital outturn was expenditure of £46.332m against a budget of £87.784m (para 11).