Issue - meetings

The Council received a report from the Cabinet that proposed the transfer to reserves of £731,000 as set out in paragraph 14 of the report.

The recommendation from the above meeting was moved by the Chairman.

RESOLVEDthat the transfer to reserves of £731,000 as set out in paragraph 14 of the report is approved.

RESOLVED that Cabinet:

A     Acknowledges the outturn position set out in section three of Appendix A to the report submitted for the year ending 31 March 2015 (1 April 2014 – 31 March 2015), subject to recommendations in paragraphs 12 and 14 of the report submitted, as follows:

              i.        An under-spend on controllable service budgets of £661,000 or -0.99 per cent of the gross General Fund budget after the carry forward requests detailed within the report submitted.

            ii.        A total General Fund under-spend of £2,076,000 after windfall and non-controllable items representing -3.12 per cent of the gross General Fund budget and £1,121,000 or -1.68% after carry forward requests and proposed transfers to reserves.

B    Recognises the operational performance that has been achieved across all Council services during 2014/15.

C    Approves the carry forward of £224,000 of budgets from 2014/15 to 2015/16 as set out in paragraph 12 of the report submitted.

D    RECOMMENDS that Council approves the transfer to reserves of £731,000 as set out in paragraph 14 of the report submitted.

The Cabinet received a report that summarised the Council’s financial and operational performance as at year-end 2014/15 and proposed carryovers into 2015/16 and contributions to reserves.

The Portfolio for Environment, Councillor Mark Wilkinson, advised of a minor error to Appendix A of the report submitted. On page 58 of the agenda pack, the first sentence should read ‘In 2014-15 Kier Harlow Ltd met 94 per cent of its 59 monthly major and minor targets.’

Proposed by Councillor Jon Clempner (seconded by Councillor Mike Danvers) it was:

RESOLVED that Cabinet:

A     Acknowledges the outturn position set out in section three of Appendix A to the report submitted for the year ending 31 March 2015 (1 April 2014 – 31 March 2015), subject to recommendations in paragraphs 12 and 14 of the report submitted, as follows:

                          i.        An under-spend on controllable service budgets of £661,000 or -0.99 per cent of the gross General Fund budget after the carry forward requests detailed within the report submitted.

                         ii.        A total General Fund under-spend of £2,076,000 after windfall and non-controllable items representing -3.12 per cent of the gross General Fund budget and £1,121,000 or -1.68% after carry forward requests and proposed transfers to reserves.

B    Recognises the operational performance that has been achieved across all Council services during 2014/15.

C    Approves the carry forward of £224,000 of budgets from 2014/15 to 2015/16 as set out in paragraph 12 of the report submitted.

D    RECOMMENDS that Council approves the transfer to reserves of £731,000 as set out in paragraph 14 of the report submitted.