Decision details

Financial Out-turn 2018-19

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

This report provides information on the actual full year financial position of the Council as at 31 March 2019 for capital and revenue.

Decision:

Members noted the report and appendices.

 

Cabinet RECOMMEND to FULL COUNCIL that:

1)     Capital budgets (& associated funding sources) of £3,324,705 be carried forward into 2019-2020 to support projects in progress.

2)     The final capital out-turn and funding for 2018-19 as detailed in Appendix B be approved.

3)     The revised capital budget and associated funding for the 2019-20 capital programme detailed in Appendix C be approved.

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 appendices be noted and recommend to Full Council;

2.     That the report and appendices be noted and changes are made to the recommendations to Full Council.

Report author: Alison Chubbock

Publication date: 21/05/2019

Date of decision: 21/05/2019

Decided at meeting: 21/05/2019 - Cabinet

Effective from: 29/05/2019

Accompanying Documents: