Issue - meetings

AGREED RECOMMENDATIONS:

Reason for decision – as specified in the report.

Other options considered – none, other than as detailed in the report and related papers.

Conflicts of interest / dispensations granted – none.

RESOLVED:

1.1.        That the overall provisional 2014-15 gross revenue outturn for the General Fund (Table 1 and Appendix 1 of the report) of a gross £3.1m underspend, before transfers, and a net break even position after the following proposed transfers for approval (Section 3 of the report) be approved: 

1.1.1.    £1.5 m to the redundancy reserve.

1.1.2.    £1.6m to the contingency reserve.

1.2.        That the departmental carry forwards detailed in Appendix 2 (Section 3 of the report) be agreed.

1.3.        That the HRA is forecast to break-even (Section 5, Table 1 and Appendix 1 of the report) be noted.

1.4.        That the Council delivered £83.7m of capital investment in 2014-15, representing 93% of the deliverable programme be noted, and that the provisional funding of the programme and related reserves movements (Section 6, Tables 2-3 and Appendix 3 of the report) be agreed.

1.5.        That the provisional outturn position in respect of the Council’s sundry income management (Section 7 of the report) and the council tax and national non domestic rates collection (Section 8 of the report) be noted.

1.6.        That progress on the closing of the 2014-15 accounts be noted and authority be delegated to the Corporate Director of Finance and Resources to agree any final changes to the accounts (including capital financing and slippage) prior to the accounts submission to the Auditors by 30^th June 2015 (Section 9 of the report).

Reason for decision – to allow Councillors to monitor the budget.

Other options considered – none, other than as detailed in the report and related papers.

Conflicts of interest / dispensations granted – none.