Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
A Cabinet acknowledges the projected outturn position set out in the report submitted as at 3 January 2016 as follows:
(i) A favourable variation against the original estimate on operational/controllable budgets of £1,489,000 representing 2.60% of the gross Housing Revenue Account (HRA) budget.
(ii) A total projected underspend of £6,632,000 representing 11.50% of the gross HRA budget.
B The forecast balances at 31 March 2016, of £10,777,000 in respect of the Housing Revenue Account and nil in respect of the Major Repairs Reserve (as identified in Appendix C of the report submitted) are noted.
Report author: Simon Freeman
Publication date: 01/04/2016
Date of decision: 31/03/2016
Decided at meeting: 31/03/2016 - Cabinet