Issue - meetings

To consider the report of the Interim Section 151 Officer, (copy enclosed).

The Committee received the report of the Interim Section 151 Officer providing information on the outturn position for the 2018 / 19 financial year and also movements in relation to the Council’s General Fund / Earmarked Reserves and Capital Commitments as at 31 March 2019. 

Appendix 1 to the report gave details of the salary budgets and actual expenditure at the end of the financial year and Appendix 2 detailed the Earmarked Reserves and the movements in 2018 / 19.  Commitment information was set out in Appendix 3 and approval was sought from Members to carry these forward into 2019 / 20.

The report also provided Members with detailed information on performance against the net revenue budget, major sources of income and capital commitments.  It was noted that income and expenditure levels came in under the revised budget.

In his presentation of the report, the Interim Section 151 Officer advised Members that the figures detailed in respect of the Revenue Account (page 72 of the document pack) were subject to change once the budget had been finalised.

In response to a question, Members were advised that the Council’s original budget had been put together in January / February 2018 and the revised budget had been drawn up in November / December 2018.  The Interim Section 151 Officer explained that the revised budget took into account the actual spend to the end of October / November and then forecasted to the end of the year what the estimated outturn would be.

Following a question regarding what line 121 - Council Offices of Appendix 1 to the report related to, the Interim Section 151 Officer advised he would clarify this and provide this information to Members outside of the meeting.

RESOLVED

(i)              That the outturn position for the 2018 / 19 financial year be noted;

(ii)            That the movement in earmarked reserves as set out in Appendix 2 to the report be noted;

(iii)          That Revenue commitments as set out in Appendix 3 to the report be approved to be brought forward to 2019 / 20;

(iv)           That the Capital commitment roll forward into 2019 / 20 be approved.