Decision details

Revenue Expenditure Outturn 2017/18

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


To note outturn expenditure and make recommendations to the Governance and Audit Committee on Reserves.




       i)        the outturn expenditure for 2017/18, subject to audit, of £87.823m, which represents an under spend of -£0.544m compared with the approved budget is noted.


      ii)        the budget carry forwards of £0.084m is noted (see paragraph 5.7 and Annexe C of the Borough Treasurer’s report).




      i)        Council note the Treasury Management performance in 2017/18

as set out in Annexe B of the Borough Treasurer’s report.


     ii)        the earmarked reserves as set out in Annexe D of the Borough Treasurer’s report is approved.


    iii)        the virements relating to the 2017/18 budget between £0.050m and

£0.100m are approved  and recommend those that are over £0.100m are approved by Council (see Annexe E of the Borough Treasurer’s report.).

Reasons for the decision:

The recommendations are intended to inform the Executive of financial performance against budget in the 2017/18 financial year.


Alternative options considered:

The report sets out the Council’s actual financial performance in 2017/18 and the consideration of options is not therefore appropriate.

Interests and Nature of Interests Declared:


Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;

Wards Affected: (All Wards);

Financial Impact: The outturn position impacts on reserves.

Declarations: None

Subject to Urgent Proceedings: No

Making Representations: In writing to the Borough Treasurer.

Other reasons / organisations consulted




Contact: Arthur Parker, Chief Accountant Email: Tel: 01344 352158.

Report author: Arthur Parker

Publication date: 17/07/2018

Date of decision: 17/07/2018

Decided at meeting: 17/07/2018 - Executive

Effective from: 25/07/2018

Accompanying Documents: