Decision details

To bring the Provisional Revenue and Capital outturn figures to Members’ attention at the earliest opportunity in accordance with good financial practice and to seek approval of the treatment of carry forward under/overspendings as outlined in paragraph 3.2 of the report at Appendix 2a to the Executive report, so that budget managers can then plan accordingly.

The Executive agreed the recommendations as outlined above namely:

1. To approve the provisional revenue outturn for 2018/19 and in so doing to note that the figures are subject to external audit and final accounting adjustments (ref. paragraph 2.1 of the report at Appendix 2a to the Executive report).

2. To approve the recommendations regarding the treatment of specific service under/overspends as outlined (ref. paragraph 3.2 of the report at Appendix 2a the Executive report).

3. To approve the provisional capital outturn for 2018/19 and methods of scheme funding as outlined (ref. paragraphs 4.2 and 4.5 of the report at Appendix 2a the Executive report).

4. To note the Prudential Indicator (ref. paragraph 4.3 of the report at Appendix 2a the Executive report).

5. To note the levels of the earmarked reserves including those for the Housing Revenue Account and maintained schools (ref. paragraphs 6.1, 6.3 and 6.4 of the report at Appendix 2a the Executive report).