Decision details

1.         The full year outturn position for the 2014/15 revenue budget and capital investment programme was noted.

2.         Request Council approval for slippage requests and other transfers to reserves outlined in Appendix 2 of the report to finance expenditure on specific items or projects in 2015/16.

3.         Approval granted to the transfer of £176k net income from Market Walk in 2014/15, split 80:20 between the Change Management Reserve and Equalisation Reserve (to limit the future impact of any potential reduction in income).

4.         The impact of the final capital expenditure outturn and approve the re-phasing of capital budgets to 2015/16 was noted.

5.         Request Council approval of the financing of the 2014/15 Capital Programme to maximise the use of funding resources available to the Council.

6.         The 2014/15 outturn position on the Council's reserves was noted.