Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Cabinet will be asked to consider the projected position of the Council’s revenue and capital budgets for 2017/18 and, if necessary, consider proposals for in-year adjustments aimed at achieving a balanced budget position at the year end.
The Cabinet resolved to:
(i) Note the forecast outturn position for 2017/18 of the Council’s General Fund revenue budget as detailed in section 2 and Appendix A of the report;
(ii) Note the new financial risks and the suggested mechanisms for resolving them, as detailed in section 3 of the report;
(iii) Approve the following year-end adjustments and carry forwards detailed in section 4 of the report:
a) up to £120,000 of unallocated match-funding monies for supporting the local crowdfunding platform;
b) up to £100,000 set-up costs in respect of the School Improvement Partnership.
(iv) Note the overview of the HRA for 2017/18, as detailed in section 5 and Appendix B of the report; and
(v) Note the forecast outturn of the Capital Programme as set out in section 6 and Appendix C of the report.
Report author: Kathy Freeman
Publication date: 20/02/2018
Date of decision: 19/02/2018
Decided at meeting: 19/02/2018 - Cabinet
Effective from: 28/02/2018
Accompanying Documents: