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RESOLVED that the report be noted.   REASONS FOR DECISION - The report summarises the financial position of the Council following the first quarter’s budget monitoring exercise for the General Fund, the Housing Revenue Account and Capital Programme.   OTHER OPTIONS CONSIDERED AND REJECTED - This report is concerned with monitoring the position against the Council’s previously approved budget. Accordingly, the report does not set out any options where a decision is required by Members.   This was not a Key Decision and so can be implemented with immediate effect by officers.