Decision details

The Cabinet will be asked to approve the Council’s final revenue and capital outturn position for 2015/16 and, if necessary, any appropriate in-year budget adjustments.

Cabinet resolved to:

(i)  Note the final outturn position for 2015/16 of the Council’s revenue budget, as detailed in paragraph 2.1 of the report;

(ii)  Agree to transfer the surplus of £0.14m generated by Barking and Dagenham Reside Ltd and Barking and Dagenham Reside (Abbey Road) to an earmarked reserve, as detailed in paragraph 2.3 of the report;

(iii)  Note the final outturn position for the Housing Revenue Account, as detailed in paragraph 2.2 of the report; and

(iv)  Note the final outturn position for 2015/16 of the Council’s capital budget and approve the re-profiled budget for 2016/17, as detailed in paragraphs 4.1 and 4.2 and Appendix A of the report.