13 Referral from Cabinet: Budget Outturn and Budget Carry Forwards 2019-20 PDF 378 KB
Report of the Senior Leadership Team.
Council is recommended to approve the:
1) Capital carry forwards of £1,120,000 included in Appendix 6 to the report for non-committed schemes in excess of £50,000;
2) Overall method of financing of the 2019/20 capital expenditure as set out in paragraph 3.4 of the report; and
3) Capital determinations regarding financing and debt provisions as set out in paragraph 3.5 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 £1,120,000 included in Appendix 6 to the report for non-committed schemes in excess of £50,000; and
2) The overall method of financing of the 2019-20 capital expenditure as set out in paragraph 3.4 of the report; and
3) The capital determinations regarding financing and debt provisions as set out in paragraph 3.5 of the report.
12 Budget Outturn and Budget Carry Forwards 2019-20 PDF 378 KB
Report of the Senior Leadership Team
Additional documents:
Minutes:
The Assistant Director of Finance introduced a report, which had been circulated in advance of the meeting, presenting the Budget Outturn and Budget Carry Forwards for 2019-20.
RESOLVED to:
1) Note the Budget Outturn figures for 2019-20;
2) Approve the movements in Earmarked Reserves and Provisions as detailed in paragraphs 2.4 and 2.5 of the report;
3) 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
4) Refer to Council for approval:
a) The capital carry forwards of £1,120,000 included in Appendix 6 to the report for non-committed schemes in excess of £50,000;
b) The overall method of financing of the 2019-20 capital expenditure as set out in paragraph 3.4 of the report;
c) The capital determinations regarding financing and debt provisions as set out in paragraph 3.5 of the report.