Issue - meetings

Early Review of the 2016-17 Council General Fund Revenue Outturn

Meeting: 02/05/2017 - Cabinet (Item 8:)

8: Early Review of the 2016-17 Council General Fund Revenue Outturn pdf icon PDF 292 KB

A report considering proposals to release revenue resources into Council financial resilience reserves as part of the 2016-17 final accounts process

 

Officer: Eamonn Croston 01484 221000

 

Decision:

1)    That approval be given to the replacement of £1.8m revenue funded capital expenditure in 2016-2017 with borrowing and associated proposals.

2)    That approval be given to apply DCLG flexible use of ‘in year’ capital receipts and associated proposals.

3)    That the year-end review of earmarked reserves requirements be noted and that the outcome be detailed within the financial outturn and rollover report to be submitted to Cabinet on 30 May 2017, and Council on 7 July 2017.

4)    That it be noted that the Council’s flexible receipts strategy, incorporating retrospective 2016-2017 approval will be incorporated into the annual medium term update report to be presented to Council at a later date.