Decision details

Financial Performance Report 2016-17 Out-turn

Decision 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: