Financial Performance Report 2016-17 Out-turn
PDF 103 KBDecision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
This report provides information on the actual
full year financial position of the Council compared to budget as
at 31 March 2017
Decision:
1) That the report and appendix be noted
2) Recommend to FULL COUNCIL that capital budgets (& associated funding sources) of £1,965,394 be carried forward into 2017-18 to support projects in progress.
Reasons for the decision:
To provide timely information to Members on the overall financial position of the Council, enabling resource re-allocation to priorities where necessary.
To enable approved capital projects to continue to deliver in the new financial year.
Alternative options considered:
1) That the report and appendix be noted and recommend to FULL COUNCIL that capital budgets (& associated funding sources) of £1,965, 394 be carried forward into 2017-18 to support projects in progress.
2) That the report and appendix be noted and not recommend to FULL COUNCIL that capital budgets (& associated funding sources) of £1,965, 394 be carried forward into 2017-18 to support projects in progress.
Report author: Alison Chubbock
Publication date: 31/05/2017
Date of decision: 30/05/2017
Decided at meeting: 30/05/2017 - Cabinet
Accompanying Documents: