Decision details

Year End 2015/16 Joint Performance and Finance Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


RESOLVED that Cabinet:


A     Acknowledges the outturn position set out in section three of Appendix A to this report for the year ending 31 March 2016 (1 April 2015 – 31 March 2016), subject to recommendations in paragraphs 20 and 22, as follows:


i.              An under-spend on controllable service budgets of £862,000 or -1.25 per cent of the gross General Fund budget, after allowing for carry-forward requests.


ii.             A total reduction in the General Fund balance of £488,000 after including the impact of windfall income, non-controllable items, proposed transfers to reserves and budget carry forward requests (from 2014/15), representing an adverse variance of £221,000 to the revised budget (+0.32 per cent of the gross General Fund budget).


B     Recognises the operational performance that has been achieved across all Council services during 2015/16.


C     Approves:


i.              The carry forward of £136,800 of budgets from 2015/16 to 2016/17 as set out in paragraph 20 of the report.


ii.             The transfer to reserves of £637,000 as set out in paragraph 22 and Appendix C of the report.

Report author: Malcolm Morley OBE

Publication date: 22/07/2016

Date of decision: 21/07/2016

Decided at meeting: 21/07/2016 - Cabinet

Accompanying Documents: