Decision - Targeted Budget Management (TBM 2)

32.2         The Committee considered a report of the Executive Director of Finance & Resources in relation to the Targeted Budget Management (TBM) Provisional Outturn 2013/14. Targeted Budget Monitoring (TBM) reports were a key component of the Council’s overall performance monitoring and control framework. TBM reports are periodically presented to Policy & Resources Committee and are subsequently provided to the next available Audit & Standards Committee for information and consideration in the context of the Committee’s oversight role in respect of financial governance and risk management.  The TBM report set out the provisional outturn position on the Council’s revenue and capital budgets for the financial year 2013/14.

32.3         RESOLVED – That the Committee note the report to the Policy & Resources Committee on July 2013 and the subsequent recommendations and resolution.