Decision details

To note the forecast revenue outturn position, including treasury management

RESOLVED:

1.  That the following be noted:

·  the general fund outturn forecast for 2016-17 of £9.6m after the utilisation of £9.704m reserves (table 1, paragraph 9 of the report)

·  the continuing pressures on the children’s and adults’ social care including public health (paragraphs 10 - 22 of the report)

·  the increasing budget pressures No Recourse to Public Funds budgets andinformation and communications technology (ICT) and corporate facilities management (CFM) (paragraphs 28 - 30)

·  the utilisation of the £4m contingency and £5m one-off windfall resulting from the early delivery of the minimum revenue provision saving to mitigate the full effect of cost pressures (paragraph 35 -36 of the report)

·  the housing revenue account forecast outturn for 2016-17 (table 2, paragraph 39 - 45 of the report)

·  the treasury management activity in 2016-17 (paragraph 51 - 61 of the report).

2.  That the general fund budget movements that exceed £250k, as shown in Appendix A of the report, be approved.

3.  That the general fund budget movements that are less than £250k, as shown in Appendix A of the report, be noted.