Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
RESOLVED that Cabinet:
A Acknowledged the HRA outturn for 2017/18 as set out in the report as follows:
i) A favourable variation against the original budget adjusted for carryovers on operational/controllable budgets of £679,000 representing (-)1.28 percent of the gross Housing Revenue Account (HRA) budget.
ii) A total projected underspend of £3,908,000 representing (-)7.38 percent of the gross HRA budget.
B Noted working balances at 31 March 2018 of £14,104,000 in respect of the Housing Revenue Account and nil in respect of the Major Repairs Reserve.
C Approved carryovers of £222,000, as detailed in paragraphs 32 and 33 of the report, to meet commitments from 2017/18.
D Recognised the operational performance that has been achieved across all Council services during 2017/18.
Report author: Simon Freeman
Publication date: 20/07/2018
Date of decision: 19/07/2018
Decided at meeting: 19/07/2018 - Cabinet