RESOLVED that Cabinet:
A Acknowledged the outturn position set out in section three of Appendix A to this report for the year ending 31 March 2019, subject to recommendations in paragraphs 16 and 19 of the report:
i) Underspending on controllable service budgets of £124,000 or 0.21 per cent of the General Fund budget and a net overspend of £14,300 or 0.02 per cent subject to recommendation Ci).
ii) Total General Fund underspending, after taking into account windfall income, non-controllable items and transfers to reserves, of £1.866 million or 3.09 per cent of the General Fund budget.
iii) A General Fund balance of £4.488 million after adjusting for the recommended transfers to reserves and carry forward requests set out in this report.
B Recognised the operational performance that has been achieved in 2018-19 across all Council services.
C Approved:
i) The carrying forward of £138,300 of budgets from 2018/19 to 2019/20 as set out in paragraph 15 of the report.
ii) The transfer to reserves of £4,224,399 as set out in paragraph 16 of the report.