Issue - meetings

To note the Revenue Expenditure Outturn 2016/17.

RESOLVED that:

i)              the outturn expenditure for 2016/17, subject to audit, of £66.763m, which represents an under spend of -£3.515m compared with the approved budget be noted.

ii)             the budget carry forwards of £0.221m (see paragraph 5.9 and Annexe C of the Borough Treasurer’s report) be noted.

iii)            The Executive recommends that Council note the Treasury Management performance in 2016/17 as set out in Annexe B of the Borough Treasurer’s report.

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

v)            the virements relating to the 2016/17 budget between £0.050m and £0.100m be approved and recommend those that are over £0.100m for approval by Council (see Annexe E of the Borough Treasurer’s report).