To consider the revenue and capital provisional outturn for 2011/12.

1.         That the outturn position which is an under spend of £0.494M be noted, representing achievement of a balanced outturn.  This enables a contribution to reserves to be made, thus strengthening the Council’s long term financial position.

2.         That the proposed transfers to General Fund and Earmarked Reserves, as set out in Appendix B to the report, be approved.