Committee: Policy	Agenda Item No.	16
	Part One	√
Date: Wednesday, 5th September 2007	Part Two
	Appendix Attached	√

Report Title:		General Fund Financial Statement
Report by:		Charles Oakley, Head of Finance
Ward Implications:		All
1	Summary
1.1	Finance clinics were introduced in May 2007 to support effective financial management at the Council. The most recent financial position will be reported regularly to this Committee at the earliest meeting following the monthly financial clinics.
2	Recommendations
2.1	Note the current financial position.
3	Report
3.1	The attached report contains actual net expenditure summarised by Service Area as at the end of July 2007.
3.2	The attached report contains revised estimates that reflect decisions taken at Policy Committee in July 2007 and Council in August 2007.
3.3	General fund capital expenditure, housing capital and revenue expenditure will be added to future reports.
3.4	The July report was tabled at the Corporate Services Sub Committee and explained to Members
4	Implications
4.1	Comments from the Council’s Section 151 Officer
	Contained in the main body of the report and the attached document
4.2	Comments from the Council’s Monitoring Officer
	No comments.
4.3	Comments from the Head of Paid Service
	None arising directly from this report.
4.4	Local Agenda 21
	No comments.
4.5	Equality
	No comments.
4.6	Crime and Disorder
	No comments.
5	Report Author
5.1	Charles Oakley, Head of Finance Auditor, (01289) 301730, cro@berwick-upon-tweed.gov.uk
6	Service Head
6.1	Jane Pannell, Chief Executive
7	Background Papers
7.1	Finance Report 2007-07