Supplementary A - London Borough of Hillingdon

Use of Resources Judgements │ Theme summaries 9
Financial standing
Theme score: 3
Key findings and conclusions
The Council manages its spending within available resources and was on
track to achieving its minimum target for its general fund reserve by 31 March
2006. In fact, due to shortfall in grant income, caused by a retrospective
change in grant rules relating to leaving care grant for asylum seekers, it had
to utilise part of its reserve and finished the year with a significantly reduced
balance. This pressure was outside the Council’s control. In response to the
pressure, the Council has implemented a recovery programme and plans to
restore balances to its minimum level by 31 March 2008.
Improvement opportunities
KLOE 3.1 The Council manages
its spending within the available
resources.
• The Council needs to ensure it
delivers savings plans in order to
restore balances to its required levels
by the target date of
31 March 2008.
London Borough of Hillingdon