Issue - meetings

Further to Minute 3 (2 June 2015), the Cabinet Member for Finance and Central Services introduced a report on the final revenue and capital outturn position for the 2014/15 financial year.

The Cabinet Member confirmed that the position remained unchanged from the provisional outturn reported to the last meeting, with the General Fund showing a year-end overspend of £0.07m against the net revenue budget of £165.3m, the Housing Revenue Account (HRA) showing a breakeven position and the Capital Programme showing an outturn of £128.9m compared to the revised budget of £143.1m. 

Cabinet resolved to:

(i)  Note the final outturn position for 2014/15 of the Council’s revenue budget as shown in paragraph 2.1 of the report;

(ii)  Note the final outturn position for the HRA as shown in paragraph 2.2 of the report; and

(iii)  Note the final outturn position for 2014/15 of the Council’s capital budget as shown in paragraph 2.4 of the report.