Cheltenham Borough Council
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Agenda item

Financial outturn 2018/19 and Budget Monitoring Report April - June 2019

Report of the Cabinet Member Finance


The Cabinet Member Finance introduced the Financial Outturn 2018/19 and Budget Monitoring Report.

She drew attention to the £23,000 surplus on car parking for the 2019/20, and suggested that the excess be moved to a fund for the climate change emergency project. This was endorsed. She noted that income from the crematorium had returned to pre-build levels. She also emphasised that the council was on track to remain within its budget for the current financial year.

The report would be considered by Council on 22nd July.



1.    The financial outturn performance position for the General Fund be received, summarised at Appendix 2, and noted that services have been delivered within the revised budget for 2018/19 resulting in a saving (after carry forward requests) of £40,377.


Council be recommended to:


2.    Approve £18,300 of carry forward requests (requiring member approval) at Appendix 5.


3.    Approve the use of the budget saving of £40,377 as detailed in Section 3.


4.    Note the annual treasury management report at Appendix 7 and note the actual 2018/19 prudential and treasury indicators.


5.    Note the capital programme outturn position as detailed in Appendix 8 and approve the carry forward of unspent budgets into 2019/20 (section 7) and approve the virement of budgets in 2019/20 as set out in paragraphs 7.2 to 7.3.


6.    Note the position in respect of Section 106 agreements and partnership funding agreements at Appendix 9 (section 9).


7.    Note the outturn position in respect of collection rates for council tax and non-domestic rates for 2018/19 in Appendix 10 (section 10).


8.    Note the outturn position in respect of collection rates for sundry debts for 2018/19 in Appendix 11 (section 11).


9.    Receive the financial outturn performance position for the Housing Revenue Account for 2018/19 in Appendices 12 to 13 (as detailed in Section 12) and approves the carry forward, virement and reclassification of budgets in 2019/20 as set out in paragraphs 12.8 to 12.10.


10.Note the budget monitoring position to the end of June 2019 (section 13).

Supporting documents: