Decision details

To approve the following, where relevant:
a) Revenue carry forward requests 2016/17 to 2017/18.
b) Capital carry forward requests from 2016/17 to 2017/18 to fund rephased net capital spending.

Matter for Decision

The report gave a summary of actual income and expenditure compared to the final budget for 2016/17 (outturn position). The report outlined the revenue and capital budget variances with explanations. It outlined specific requests to carry forward funding available from budget underspends into 2017/18.

Decision of Executive Councillor for Strategy and Transformation:

     i.        Agreed to carry forward requests totalling £561,600 revenue funding from 2016/17 to 2017/18, as detailed in Appendix C

    ii.        Agreed to carry forward requests of £60k capital resources from 2016/17 to 2017/18 to fund rephased 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 recommendation.

The Executive Councillor approved the recommendation.