Decision details

Provisional Revenue Outturn 2011/12

Decision Maker: Executive Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

1.     To approve the slippage requests (outlined in Appendix 2) to finance expenditure on specific items or projects in 2012/13.

2.     To approve the transfer the sum of £75,000 to create an earmarked reserve to cover the potential liability of charges from the Council’s Collection Fund.

3.     To transfer the remaining year-end balance of £187,000 on the General Fund Revenue Account to General Balances.  This will help to mitigate against future risks to the Council’s income streams following implementation of the Local Business Rates Retention scheme from April 2013.

Decision:

1.     Recommendation approved.

2.     Recommendation approved.

3.     Recommendation approved.

Report author: Michael Jackson

Publication date: 25/06/2012

Date of decision: 21/06/2012

Decided at meeting: 21/06/2012 - Executive Cabinet

Effective from: 03/07/2012

Accompanying Documents: