Decision details

Joint Finance and Performance Report, Quarter 3 2017/18

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


RESOLVED that Cabinet:


A     Acknowledged the projected outturn position set out in sections three and four of Appendix A to this report for the period April – December 2017/18 as follows:


             i)        A favourable variation on controllable budgets of £333,000 representing -0.55 percent of the gross General Fund Budget.


            ii)        A total projected underspend of £941,000 representing -1.56 per cent of the gross General Fund Budget.


           iii)        The Council performed on target or above target for 50 out of 51 (98 percent) of performance indicators.


B    Approved:


             i)        The transfer of £300,000 to the Planning LDF Reserve to support the ongoing delivery of the Local Plan.


            ii)        The transfer of £160,000 to the Harlow and Gilston Garden Town Funding Reserve for a contribution towards the Harlow and Gilston Garden Town project and other developments in and around Harlow.

Report author: Simon Freeman

Publication date: 26/03/2018

Date of decision: 22/03/2018

Decided at meeting: 22/03/2018 - Cabinet

Accompanying Documents: