Issue - meetings

Report C/17/26 provides a projection of the end of year financial position for the General Fund revenue expenditure based on net expenditure to 31 May 2017. The report also summarises the 2016/17 final outturn position (subject to audit) for the General Fund revenue expenditure compared to both the latest approved budget.

Report C/17/26 provides a projection of the end of year financial position

for the General Fund revenue expenditure based on net expenditure to 31

May 2017. The report also summarises the 2016/17 final outturn position

(subject to audit) for the General Fund revenue expenditure compared to

both the latest approved budget.

This report was considered at Cabinet on 19 July 2017.

Members noted that this report summarises 2016/17 final outturn position and provides an indication of how the budget is being managed in the current financial year. A number of budget allocations have been carried forward from 2016/17 to 2017/18 to progress activities that span the two financial years, including funds that have been set aside for the Otterpool Park development.

Proposed by Councillor Mrs Claire Jeffrey

Seconded by Councillor Mrs Rodica Wheeler and

Resolved:

1. To receive and note Report C/17/26.

(Voting: For 5; Against 0; Abstentions 1)