Issue - meetings

A report providing the indicative outturn financial position for 2015-16 and seeking approval for a range of proposals.

Officer: Debbie Hogg 01484 221000

(1) That approval be given to applying Central Budget underspend to existing capital spend, as detailed in paragraph 2.3 of the considered report.

(2) That approval be given to deferring the drawdown of earmarked reserves from 2015-2016 to 2016-2017 as outlined in paragraph 2.4 of the considered report.

(3) That approval be given to providing additional resource to support the New Council Transformation reserve, as detailed in paragraph 2.8 of the considered report.

(4) That further reports detailing the finalised revenue outturn position be submitted to the meetings of Cabinet on 28 June 2016 and Council on 29 June 2016.

(5) That (i) the additional resource requirement arising from the issues set out in paragraphs 3.2 to 3.4 and (ii) the proposed draw down of organisational risk reserve be noted.

(6) That further updated reports be received as part of the Corporate Financial Monitoring Reports during 2016-2017.