Financial Out-turn 2017-18
PDF 105 KBDecision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To provide information on the actual full year
financial position of the Council as at 31 March 2018 and progress
to date on the Moving Forward transformation programme
Decision:
1) That the report and appendix be noted.
2) That Cabinet recommends to Full Council that capital budgets (& associated funding sources) of £1,694,731 be carried forward into 2018-19 to support projects in progress.
3) That Cabinet recommends to Full Council that the final capital out-turn and funding for 2017-18 as detailed in appendix B be approved.
Reasons for the decision:
1) To provide timely information to Members on the overall financial position of the Council, enabling resource re-allocation to priorities where necessary.
2) 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 that Cabinet recommends to Full Council that capital budgets (& associated funding sources) of £1,694,731 be carried forward into 2018-19 to support projects in progress.
2) That the report and appendix be noted and that changes are made before recommending to Full Council that the capital budgets (& associated funding sources) be carried forward into 2018-19 to support projects in progress.
Report author: Alison Chubbock
Publication date: 13/06/2018
Date of decision: 12/06/2018
Decided at meeting: 12/06/2018 - Cabinet
Effective from: 21/06/2018
Accompanying Documents: