144 Joint Finance and Performance Report, Quarter 3 2017/18 PDF 133 KB
Additional documents:
Decision:
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.
Minutes:
Cabinet received a report which set out both the Council’s financial performance, along with its performance against its own performance indicators for the third quarter of 2017/18.
Proposed by Councillor Mike Danvers (seconded by Emma Toal) it was:
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 per cent 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.