Issue - meetings
Provisional Revenue Outturn Report 2016/17 (subject to audit)
Meeting: 20/06/2017 - EXECUTIVE (Item 13)
13 Revenue Budget Monitoring Provisional Outturn March 2017 (subject to audit) PDF 71 KB
The report sets out the provisional outturn financial position for 2016/17 as at the end of March 2017 (subject to audit).
Additional documents:
- Appendix A - Revenue Budget Monitoring Provisional Outturn March 2017, item 13 PDF 58 KB
- Appendix B - Revenue Budget Monitoring Provisional Outturn March 2017, item 13 PDF 30 KB
- Appendix C - Revenue Budget Monitoring Provisional Outturn March 2017, item 13 PDF 21 KB
- Appendix D - Revenue Budget Monitoring Provisional Outturn March 2017, item 13 PDF 222 KB
Decision:
1. That the provisional revenue outturn position for 2016/17, which is an underspend against budget of £0.052M, be noted.
2. To note that the provisional outturn position and new proposed earmarked reserves were approved by the Leader, Deputy Leader, Chief Executive and Director of Resources under a delegated approval granted by the Executive on 4 April 2017.
3. To note that the budget included £2.1M of contingency costs, which were not used.
4. That the proposed new earmarked reserves, as listed in Table 2 in the report, be noted.
Minutes:
The Executive considered a report from the Deputy Leader and Executive Member for Corporate Resources that set out the provisional outturn financial position for 2016/17 as at the end of March 2017.
Reason for decision: To facilitate effective financial management and planning.
RESOLVED
1. that the provisional revenue outturn position for 2016/17, which was an underspend against budget of £0.052M, be noted;
2. to note that the provisional outturn position and new proposed earmarked reserves were approved by the Leader, Deputy Leader, Chief Executive and Director of Resources under a delegated approval granted by the Executive on 4 April 2017;
3. to note that the budget included £2.1M of contingency costs, which were not used; and
4. that the proposed new earmarked reserves, as listed in Table 2 in the report, be noted.