Birmingham City Council

Financial forecast looks brighter

Financial forecast looks brighter

The latest update on Birmingham City Council’s financial position for the 2009/10 financial year is due before Cabinet on November 23.

Figures at the end of Month 6 (September) show the forecast overspend for the year is estimated at £9.9million, which is down from the £11.6million projected at Month 5.

The improvement is mainly the result of further savings identified in several portfolios, in particular Regeneration and Transportation and Street Services.

For more information on this story, visit: http://birminghamnewsroom.com/improvement-in-financial-forecast/improvement-in-financial-forecast/.

  • Category: Finance
  • Reference number: null
  • Issue date: 17 November 2009