Decision details

Provisional Revenue and Capital Outturn 2018/19

Decision Maker: Executive Cabinet

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

1.    Note the full year outturn position for the 2018/19 revenue budget and capital investment programme.

2.    Request Executive Cabinet approval for slippage requests outlined in Appendix 2 of the report to finance expenditure on specific items or projects in 2019/20.

3.    Request Council approval for the contribution of £162,000 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.

4.    Request Council approval for the contribution of £71,000 from in-year revenue underspends to finance the National Graduate Development Programme (NGDP) in 2019/20 and 2020/21.

5.    Request Council approval for £55,000 to fund architect fees relating to requests from tenant liaison meetings requests and the costs of clerk of works at Market Walk Extension.

6.    Note the 2018/19 outturn position on the Council's reserves outlined in Appendix 4.

7.    Note the impact of the final capital expenditure outturn and the re-phasing of capital budgets to 2019/20 and approve the additions to the capital programme outlined in paragraph 70.

8.    Request Council approval of the financing of the 2018/19 capital programme to maximise the use of funding resources available to the Council.

Report author: James Thomson

Publication date: 21/06/2019

Date of decision: 20/06/2019

Decided at meeting: 20/06/2019 - Executive Cabinet

Effective from: 28/06/2019

Accompanying Documents: