Decision details

The Cabinet will be asked to approve the Council’s revenue and capital provisional outturn position for 2016/17 and, if necessary, any appropriate in-year budget adjustments.

The Cabinet resolved to:

(i)  Note the provisional outturn position for 2016/17 of the Council’s General Fund revenue budget at 31 March 2017, as detailed in sections 2 to 4 of the report;

(ii)  Approve the requests for carry forwards and transfers to and from reserves as set out in section 5 and Appendix A of the report;

(iii)  Note the provisional outturn for the Housing Revenue Account at 31 March 2017 as detailed in section 6 of the report;

(iv)  Note the projected outturn position for 2016/17 of the Council’s capital budget as at 31 March 2017, as detailed in section 7 and Appendix B of the report;

(v)  Approve the proposal to capitalise the pension strain costs arising from redundancies as detailed in section 8 of the report; and

(vi)  Note that £5.101m was allocated under the Flexible Use of Capital Receipts approach, approved by the Assembly as part of the MTFS on 22 February 2017, to support the Council's transformation programme.