Decision details

1.         Approval granted to note the full year outturn position for the 2016/17 revenue budget and capital investment programme.

2.         To 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 2017/18.

3.         To request Council approval for the contribution of £49,000 from in-year revenue underspends to the Change Management Reserve to finance one-off redundancy and pension strain costs arising from transformation and shared service strategies. This will supplement the £200k budget set aside in 2017/18 to increase the reserve.

4.         To request Council approval for the contribution of £49,000 from in-year revenue underspends to the Buildings Maintenance Reserve to finance one-off costs relating to office utilisation and transformational change.

5.         Approval granted to note the 2016/17 outturn position on the Council's reserves.

6.         Approval granted to note the impact of the final capital expenditure outturn and the re-phasing of capital budgets to 2017/18 and approval to the additions to the 2016/17 capital budget outlined in paragraph 77.

7.         To request Council approval of the financing of the 2016/17 capital programme to maximise the use of funding resources available to the Council.