Issue - meetings

To consider a report of the Assistant Director (Finance).

The First Deputy (Performance and Finance) / Assistant Director (Finance) submitted a report detailing the Council’s final revenue outturn position for 2016/17 against budgets for the year and showed the net of income and expenditure as a variation to budget.  The report demonstrated that at Quarter 4 the Council’s overall net revenue expenditure for the 2016/17 financial year was to be £142.2 million compared to a budget for services of £143.4 million, giving a position of £1.234 million less than the budget.

A summary of the annual budget, outturn and variation to budget for each Directorate was provided in the report.

Details were also given of: savings, Council Tax, Business Rates and Sundry Debts, the Capital Outturn position and Care Together programme.

RESOLVED

(i)        That the revenue outturn position be noted;

(ii)       That the detail for each service area be noted;

(iii)      That the changes to revenue budgets, as set out in the report, be approved; and

(iv)      That the Capital Outturn position be noted.