To consider the revenue, capital provisional and Housing Revenue Account outturn 2012/13.

1.      That the Revenue outturn be approved.  This is a balanced budget with a contribution to Housing Revenue Account (HRA) Reserves of £11.269m, thus strengthening the Council’s ability to invest and improve its stock of Council Houses.

2.      That the Capital outturn be approved.  This is £0.098m higher than the revised position approved by Council in February.

3.      That Right to Buy sales be noted.  This had increased significantly as a result of changes to discounts, resulting in a year end balance of unapplied capital receipts of £0.657m.

4.      That at the year end HRA reserves of £15.374m be noted, of which £2.0m is identified as a minimum level of HRA Balances.