Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To inform members of the
• revenue outturn for 2018/19 and make recommendations on budget carry forwards and transfers to and from reserves.
• capital outturn position for 2018/19 and to approve the carry-forward of capital resources to 2018/19.
The subject of the decision
The Head of Financial Services submitted a report which sought to provide members with information on the 2018/19 capital programme and sought their approval on the carry-forward budgeted amounts to 2019/20.
Members noted the summary capital outturn position for 2018/19, expenditure from the capital budget was underspent by £2.55m, re-profiling of expenditure to subsequent financial years was £2.44m, resulting in a net underspend of £105k.
Councillor M Johnson moved the recommendations. This was seconded by Councillor M Jenkinson. The motion was unanimously agreed.
Alternative options considered
Not to approve the carry-forward of resources.
The reason for the decision
To provide members with information regarding the 2018/19 capital programme and to approve the carry-forward of resources to 2019/20.
1. The draft capital outturn position be noted
2. The carry forward of £2,444,308 to 2019/20 be approved, to enable previously approved capital schemes to be completed.
Report author: Allison Hodgson
Publication date: 28/06/2019
Date of decision: 28/06/2019
Decided at meeting: 28/06/2019 - Executive