Decision details

Revenue Expenditure Outturn 2018/19

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. ).

Reasons for the decision:

The recommendations are intended to inform the Executive of financial performance

against budget in the 2018/19 financial year.

Alternative options considered:

The report sets out the Council’s actual financial performance in 2018/19 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 Director: Finance

Other reasons / organisations consulted




Contact: Arthur Parker, Chief Accountant Email: 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

Accompanying Documents: