Decision details

To approve specific revenue and capital budget carry forward requests from 2015/16 into 2016/17.

Matter for Decision

The report presented a summary for the Finance and Resources Portfolio of the actual income and expenditure compared to the final budget for 2015/16 (outturn position). The revenue and capital budget variances with explanations and specific requests to carry forward funding available from budget underspends into 2016/17.

Decision of Executive Councillor for Finance and Resources

     i.        Approved the carry forward requests totalling £233.1k revenue funding from 2015/16 to 2016/17 as detailed in Appendix C.

    ii.        Approved  the carry forward requests of £3,243k capital resources from 2015/16 to 2016/17 to fund rephrased net capital spending as detailed in Appendix D.

Reason for the Decision

As set out in the Officer’s report.

Any Alternative Options Considered and Rejected

Not applicable.

Scrutiny Considerations

The Committee received a report from the Head of Finance.

The Committee resolved by 4 votes to 0 to endorse the recommendations.

The Executive Councillor approved the recommendation.

Conflicts of Interest Declared by the Executive Councillor (and any Dispensations Granted)

No conflicts of interest were declared by the Executive Councillor.