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 report presented, for the General Fund Housing 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.

Members of the Scrutiny Committee were asked to consider and make known their views on the proposals for consideration by the Executive Councillor for Finance and Resources at the Strategy and Resources Scrutiny Committee on 2 July 2018.

Decision of Executive Councillor for Housing

     i.        Approved carry forward requests totalling £348,120 revenue funding from 2017/18 to 2018/19, as detailed in Appendix C of the Officer’s report, noting that none are proposed for this portfolio on this occasion.

    ii.        Carry forward requests of £200,000 in capital resources from 2017/18 to 2018/19 to fund re-phased net capital spending, as detailed in Appendix D of the Officer’s report.

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 Business Manager / Principal Accountant

In response to Members’ questions the Business Manager / Principal Accountant confirmed that there had been delays to the delivery of the Clay Farm Community Centre which had resulted in increased costs. She confirmed that the matter was under investigation and more information would follow.

The Committee unanimously resolved to endorse the recommendations.

The Executive Councillor approved the recommendation.