Decision details

Recommend the outturn report to Council and note the budget monitoring position to May 2013.

RESOLVED that the following recommendations be approved ;

1. Receive the financial outturn performance position for the General Fund, summarised at Appendix 2, and note that services have been delivered within the revised budget for 2012/13 resulting in a saving (after carry forward requests) of £201,801.

2. Recommend that Council approve the following :

2.1            Approve £216,400 of carry forward requests (requiring member approval) at Appendix 6.

2.2            Approve the transfer of the budget saving of £201,801 to general fund balances.

3. Note the updated MTFS and budget strategy at Appendix 4.
4. Note the treasury management outturn at Appendix 8 and approve the actual 2012/13 prudential and treasury indicators.
5. Approve the revision to the Treasury Management policy to reflect the revised borrowing facility to support the airport, subject to annual review (Appendix 9).
6. Approve the amendments to financial rule I9 in respect of write-off limits as set out in appendix 15 (section 7).
7. Approve the High Street Innovation Fund reallocation (section 8).
8. Note the capital programme outturn position as detailed in Appendix 11 and approve the carry forward of unspent budgets into 2013/14 (section 10).
9. Note the position in respect of section 106 agreements and partnership funding agreements at Appendix 12 (section 11).
10. Note the outturn position in respect of collection rates for council tax and non domestic rates for 2012/13 in Appendix 13 (section 12).
11. Note the outturn position in respect of collection rates for sundry debts for 2012/13 in Appendix 14 (section 13).
12. Receive the financial outturn performance position for the Housing Revenue Account for 2012/13 in Appendices 16 to 17 (section 14).
13. Note the budget monitoring position to the end of May 2013 (section 15).