Decision details

Revenue Outturn Report 2015-16, including Treasury Management

Decision Maker: Cabinet

Decision status: Information Only

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To note the forecast revenue outturn position for 2015/16, including treasury management

Decisions:

RESOLVED:

 

1.  That the favourable general fund outturn position for 2015-16 of £679,000 be noted.

 

2.  That the key adjustments and reserve movements included within this final position be noted including:

 

·  the use of £4.0m contingency to partially address cost pressures for both temporary accommodation and no recourse to public funds (NRPF)

·  the utilisation of the agreed £6.163m reserve movement to balance the 2015-16 budget

·  the planned use of departmental and corporate reserves of £15.443m to support service priorities, capital, regeneration, modernisation and other key projects

·  the treasury management position statement for 2015-16

·  the housing revenue account (HRA) outturn deficit position for 2015-16.

 

3.  That the general fund budget movements that exceed £250,000, as shown in Appendix A of the report be approved.

Report author: Duncan Whitfield

Publication date: 20/07/2016

Date of decision: 19/07/2016

Decided at meeting: 19/07/2016 - Cabinet

Effective from: 28/07/2016

Accompanying Documents: