Decision Maker: Executive Cabinet
Is Key decision?: Yes
Is subject to call in?: Yes
1. The full year forecast position for the 2017/18 revenue budget and capital investment programme were noted.
2. The forecast position on the Council's reserves was noted.
3. To request Council approval for the contribution of £259,000 from in-year revenue underspends to General Balances in 2017/18. This will put the Council on target to achieving the goal of increasing general fund balances to £4m, and will achieve this one year earlier than set out in the Medium Term Financial Strategy. This would therefore replace the proposed budgeted contribution to balances in 2018/19 as previously detailed in the Medium Term Financial Strategy and also help reduce the budget deficit in 2018/19.
4. To request Council note the capital programme to be delivered in 2017/18 to 2019/20.
Report author: James Thomson
Publication date: 04/08/2017
Date of decision: 03/08/2017
Decided at meeting: 03/08/2017 - Executive Cabinet
Effective from: 12/08/2017
Accompanying Documents: