Issue - meetings

Revenue Expenditure Outturn 2017/18

Meeting: 17/07/2018 - Executive (Item 15)

15 Revenue Expenditure Outturn 2017/18 pdf icon PDF 352 KB

To note the Revenue Expenditure Outturn 2017/18 and budget carry forwards; and approve the earmarked reserves and virements arising from the closure of the 2017/18 accounts.  In addition, the Executive is being asked to recommend the Treasury Management Statement to Council.

Additional documents:

Minutes:

RESOLVED that:

 

       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).

 

RECOMMENDED that:

 

      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.).


 

Contact Information

Democratic services

Email: committee@bracknell-forest.gov.uk