Year End 2016/17 Joint Performance and Finance Report
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
A Acknowledges the outturn position set out in section three of Appendix A to this report for the year ending 31 March 2017 (1 April 2016 to 31 March 2017), subject to recommendations in paragraphs 18 and 20, as follows:
i) An under-spend on controllable service budgets of £508,000 or -0.81 percent of the gross General Fund budget after adjusting for carry forwards requests.
ii) A total general fund underspend of £1,570,000 (-2.51 percent of the gross General Fund Budget) after including the impact of windfall income, non-controllable items.
iii) A General Fund balance of £4.714 million after adjustments for the recommended transfers to carry forward requests and other one off proposals as set out in this report.
B Recognises the operational performance that has been achieved across all Council services during 2016/17.
i) The carry forward of £219,300 of budgets from 2016/17 to 2017/18 as set out in paragraph 19 of the report.
ii) The transfer to reserves of £140,000 as set out in paragraph 21 of the report.
iii) The to help support additional community safety resources in 2017/18 neighbourhood improvements, as reported elsewhere on the cabinet agenda.
iv) An additional allocation of £25,000 to recognise the excellent uptake of Harlow’s 70th birthday celebrations funding.
v) The transfer of £300,000 to the Planning LDF Reserve to support the ongoing delivery of the Local Plan.
Report author: Malcolm Morley OBE
Publication date: 21/07/2017
Date of decision: 20/07/2017
Decided at meeting: 20/07/2017 - Cabinet