Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
RESOLVED that Cabinet:
A Acknowledges the HRA outturn for 2016/17 as set out in the report as follows:
i) A favourable variation against the original budget adjusted for carryovers on operational/controllable budgets of £1,173,000 representing 2.09 percent of the gross Housing Revenue (HRA) budget.
ii) A total projected underspend of £6,784,000 representing 12.08 percent of the gross HRA budget.
B The balances at 31 March 2017 of £12,975,000 in respect of the Housing Revenue Account and nil in respect of the Major Repairs Reserve are noted.
C Approve carryovers of £671,000 as detailed in paragraph 32 to meet commitments from 2016/17.
D Recognises the operational performance that has been achieved across all Council services during 2016/17.
Report author: Simon Freeman
Publication date: 21/07/2017
Date of decision: 20/07/2017
Decided at meeting: 20/07/2017 - Cabinet