Decision details

Recommend the outturn report to Council and note the budget monitoring position to May 2014

RESOLVED THAT Council be recommended to approve the following recommendations :

1.      That Council 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 2013/14 resulting in a saving (after carry forward requests) of £489,998. 

2.      That furthermore Council:

     2.1  Approve £327,500 of carry forward requests (requiring member approval) at Appendix 5.

     2.2  Approve the use of the budget saving of £489,998 as detailed in Section 3.

3.      Note the annual treasury management report at Appendix 7 and approve the actual 2013/14 prudential and treasury indicators.

4.      Approve the revision to the Treasury Management policy to reflect the revised borrowing facility to support the newly created Leisure and Cultural Trust (Appendix 7).

5.      Note the capital programme outturn position as detailed in Appendix 8 and approve the carry forward of unspent budgets into 2014/15 (section 9).

6.      Note the position in respect of Section 106 agreements and partnership funding agreements at Appendix 10 (section 10).

7.      Note the outturn position in respect of collection rates for council tax and non-domestic rates for 2013/14 in Appendix 11 (section 11).

8.      Note the outturn position in respect of collection rates for sundry debts for 2013/14 in Appendix 12 (section 12).

9.      Receive the financial outturn performance position for the Housing Revenue Account for 2013/14 in Appendices 13 to 14 (section 13).

10.  Delegate to the Section 151 Officer the power to act as accountable officer for the transformational challenge funding, as outlined in section 14.

11.  Note the budget monitoring position to the end of May 2014 (section 15).