Decision details

Agreed

That it is recommended that Council:-

(1)        approves the net transfer of £330,710 from Earmarked Reserves as detailed in paragraph 8.3.6;

(2)        approves supplementary budgets of £1,450,507 be approved as detailed in paragraph 8.3.8;

(3)        notes the Earmarked Reserves at 31 March 2017;

(4)        approves the virements detailed in paragraph 8.3.9 of the    report;

(5)        notes the Council Tax account and collection rate;

(6)        notes the outstanding sundry debt, aged debt analysis and debt write-off figures;

(7)        notes the creditor payments performance;

(8)        by taking into account the overall financial position the Council approves the General Fund working balance at 31 March 2017 at £5,264,841; and

(9)        approves the Housing Revenue Account working balance at 31 March 2017 at £8,567,454 and approves the Council Own Build working balance at £208,097.

Reason for Decision:

To formally approve the Council’s end of year financial position and carry forward any budgets that were not spent but the funding is still required.