27 Referral from Cabinet: Gedling Plan and Budget Outturn and Budget Carry Forwards 2018-19 PDF 306 KB
Report of the Senior Leadership Team
Council is recommended to approve:
1) The capital carry forwards of £261,000 included in Appendix 6 to the report for non-committed schemes in excess of £50,000;
2) The overall method of financing of the 2018-19 capital expenditure as set out in paragraph 2.7.5 of the report;
3) The capital determinations regarding financing and debt provisions as set out in paragraph 2.7.7 of the report.
Additional documents:
Minutes:
Consideration was given to a report of the Senior Leadership Team, which had been referred to Council by Cabinet.
RESOLVED to approve:
1) The capital carry forwards of £261,000 included in Appendix 6 to the report for non-committed schemes in excess of £50,000;
2) The overall method of financing of the 2018-19 capital expenditure as set out in paragraph 2.7.5 of the report; and
3) The capital determinations regarding financing and debt provisions as set out in paragraph 2.7.7 of the report.
Vote: 38 For, 0 Against, 0 Abstentions
5 Gedling Plan and Budget Outturn and Budget Carry Forwards 2018-19 PDF 306 KB
Report of the Senior Leadership Team
Additional documents:
Minutes:
The Chief Executive introduced a report presenting the Gedling Plan, Budget Outturn and Budget Carry Forwards for 2018-19 and delivered a presentation on year-end performance including key achievements delivered.
The Deputy Chief Executive went on to highlight notable aspects of the financial position.
RESOLVED to:
1) Note the Gedling Plan Performance and Budget Outturn figures for 2018-19;
2) Approve the movements in Reserves and Provisions as detailed in paragraphs 2.1.8 and 2.1.9 of the report;
3) Note the revenue carry forwards approved by the Chief Financial Officer included in Appendix 6 to the report, amounts not in excess of £10,000 and committed schemes above £10,000;
4) Note the capital carry forwards approved by the Chief Financial Officer included in Appendix 6 to the report, being amounts not in excess of £50,000 and committed schemes above £50,000; and
5) Refer to Council for approval:
a) The capital carry forwards of £261,000 included in Appendix 6 to the report for non-committed schemes in excess of £50,000;
b) The overall method of financing of the 2018-19 capital expenditure as set out in paragraph 2.7.5 of the report;
c) The capital determinations regarding financing and debt provisions as set out in paragraph 2.7.7 of the report.