Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To note the outturn position for the year and
approve earmarked reserves.
i. the outturn expenditure for 2018/19, subject to audit, of £81.127m, which represents an under spend of -£2.528m compared with the approved budget is noted.
ii. the budget carry forwards of £0.101m (paragraph 5.7 and Annexe C of the Director: Finances report), is noted.
iii. Council note the Treasury Management performance in 2018/19
as set out in Annexe B of the Director: Finances report.
iv. the earmarked reserves as set out in Annexe D of the Director: Finances report are approved.
v. the virements relating to the 2018/19 budget between £0.050m and
£0.100m are approved and recommends that those over £0.100m be approved by Council (Annexe E of the Director: Finances report. ).
The recommendations are intended to inform the Executive of financial performance
against budget in the 2018/19 financial year.
The report sets out the Council’s actual financial performance in 2018/19 and the
consideration of options is not therefore appropriate.
Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;
Wards Affected: (All Wards);
Financial Impact: The outturn position impacts on reserves
Subject to Urgent Proceedings: No
Making Representations: In writing to the Director: Finance
Other reasons / organisations consulted
Contact: Arthur Parker, Chief Accountant Email: firstname.lastname@example.org Tel: 01344 352158.
Report author: Arthur Parker
Publication date: 23/07/2019
Date of decision: 23/07/2019
Decided at meeting: 23/07/2019 - Executive
Effective from: 31/07/2019