Issue - decisions

report

16/07/2015 - Overview of Revenue Budget 2014/15

Agreed

 

 

That it is recommended that Council:-

 

(1)        approves the net transfer of £800,076 from Earmarked Reserves as detailed in paragraph 8.3.6;

(2)        approves the supplementary budgets of £1,458,610 as detailed in paragraph 8.3.8;

 

(3)        notes the Earmarked Reserves at 31 March 2015;

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

 

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

 

(6)        notes the creditor payments performance;

 

(7)        by taking into account the overall financial position of the Council, approves the General Fund working balance at 31 March 2015 at £3,974,518; and

 

(8)        approves the Housing Revenue Account working balance at 31 March 2015 at  £7,772,403 and approves the Council Own Build working balance at £127,994.

 

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.