Decision details

1)    That in regards to the General Fund, (i) the revenue outurn position for 2019-2020 be noted (ii) the year end position on corporate reserves and balances be noted (iii) it be noted that regular monitoring and review of corporate reserves in 2020-2021 will be reported to Cabinet as part of the quarterly financial monitoring cycle and (iv) the use of the Council’s flexible receipts strategy for the year end capitalisation of £2.4m transformation related costs in 2019-2020.

2)    That the year-end position on the Collection Fund be noted.

3)    That the Housing Revenue Account outturn and reserves position 2019-2020 be noted.

4)    That in regards to Capital, (i) the capital outturn position for 2019-2020 be noted (ii) the £17.8m capital rollover from 2019-2020 to 2020-2021 be approved (iii) the revised capital plan for the period 2020-2025 after taking into account rollover, the re-phasing of schemes and changes to grant assumptions be approved (iv) the detailed two year highways capital plan 2020-2021 and 2021-2022 which incorporates the large scheme road resurfacing programme be approved and (v) authority be  delegated to the Strategic Director (Children’s Services) in consultation with the Cabinet Member (Children’s Services) and the Head of Corporate Landlord and the Head of Legal Services, to negotiate and to procure identified properties to meet service needs within the £2m programme total (para. 1.10.20 refers).

5)    That the review of Treasury Management activity for 2019-2020 be noted.