Decision details

a) To note actual income and expenditure compared to the final budget for 2017/18 (outturn position).
b) To review revenue and capital budget variances with explanations.
c) To review specific requests to carry forward residual revenue funding from 2017/18 to 2018/19.
e) To review specific requests to carry forward residual capital funding from 2017/18 to 2018/19.

Matter for Decision

The Officer’s report presented for the Communities Portfolio:

       i.          A summary of actual income and expenditure compared to the final budget for 2017/18 (outturn position).

     ii.          Revenue and capital budget variances with explanations.

   iii.          Specific requests to carry forward funding available from budget underspends into 2018/19.

Decision of Executive Councillor for Communities

       i.          Approved carry forward requests of £496k capital resources from 2017/18 to 2018/19 to fund rephased net capital spending, as detailed in Appendix D of the Officer’s report.

     ii.          Approved allocation of an additional £100,000 from General Fund reserves to be made available for the Community Grants budget in 2019/20 to help fund projects delivered by the voluntary and community sector to reduce poverty.

Reason for the Decision

As set out in the Officer’s report.

Any Alternative Options Considered and Rejected

Not applicable.

Scrutiny Considerations

The committee made no comments in response to the report from the Principal Accountant (Services).

The Committee unanimously resolved to endorse the recommendations.

The Executive Councillor approved the recommendations.

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

No conflicts of interest were declared by the Executive Councillor.