Issue - meetings

Council Plan and Budget Outturn and Budget Carry Forwards 2015/16

Meeting: 13/07/2016 - Council (Item 26)

26 Referral from Cabinet: Council Plan and Budget Outturn and Budget Carry Forwards 2015/16 pdf icon PDF 12 MB

Report of the Senior Leadership Team.

 

Council is recommended to approve:

 

1)    The capital carry forward of £470,200 for non-committed schemes in excess of £50,000;

2)    The overall method of financing of the 2015/16 capital expenditure as set out in paragraph 3.3 of the report; and

3)      The capital determinations set out in paragraph 3.4 of the report.

Additional documents:

Minutes:

Consideration was given to a report of the Senior Leadership which had been referred to Council from the meeting of Cabinet held on 16 June 2016.

 

RESOLVED:

 

To approve:

 

1)    The capital carry foreward of £470,200 for non-committed schemes in excess of £50,000;

 

2)    The overall method of financing of the 2015/16 capital expenditure as set out in paragraph 3.3 of the report; and

 

3)    The capital determinations set out in paragraph 3.4 of the report.


Meeting: 16/06/2016 - Cabinet (Item 4)

4 Council Plan and Budget Outturn and Budget Carry Forwards 2015/16 pdf icon PDF 12 MB

Additional documents:

Minutes:

The Chief Executive introduced a report, on behalf of the Senior Leadership Team, which set out the Gedling Plan achievements; budget outturn and budget carry forwards for 2015/16.  Members were given some headline performance information from the the Chief Executive as well as some areas that he was particularly focused on for improvement.

 

Alison Ball, Chief Financial Officer, gave a summary of the budget outturn for the year which saw an underspend against the original budget. The Cabinet thanked officers, particularly Alison Ball and the Finance Team, for the report and their hard work in achieving a balanced budget for the year.

 

RESOLVED to:

1)            Note the Gedling Plan Performance and Budget Outturn figures for 2015/16;

2)            Note the revenue carry forwards approved by the Chief Financial Officer of £83,400 included in Appendix 2, amounts not in excess of £10,000 and committed schemes above £10,000;

3)            Note the capital carry forwards approved by the Chief Financial Officer of £225,400 included in Appendix 2, being amounts not in excess of £50,000 and committed schemes above £50,000;

4)            Refer to Council for approval:

a)     The capital carry forward of £470,200 for non-committed schemes in excess of £50,000;

b)     The overall method of financing of the 2015/16 capital expenditure as set out in paragraph 3.3;

c)     The capital determinations set out in paragraph 3.4.