Issue - meetings

Report of the Senior Leadership Team.

Council is recommended to approve:

1)    The capital carry forward of £70,000 for non-committed schemes in excess of £50,000;

2)    The overall method of financing of the 2016/17 capital expenditure as set out in paragraph 2.6.5 of the report;

3)      The capital determinations set out in paragraph 2.6.7 of the report.

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 forward of £70,000 for non-committed schemes in excess of £50,000;

2.    The overall method of financing the 2016/17 financing of capital expenditure set out in the; and

3.    The capital determinations set out in the report.

Report of the Senior Leadership Team

The Chief Executive and Deputy Chief Executive introduced a report, which had been circulated prior to the meeting, presenting the Gedling Plan and Budget Outturn and Budget Carry Forwards for 2016/17. 

RESOLVED to:

1)    Note the Gedling Plan Performance and Budget Outturn figures for 2016/17;

2)    Approve the movements in Reserves and Provisions as detailed in paragraphs 2.2 and 2.6.6 of the report;

3)    Note the capital carry forwards approved by the Chief Financial Officer of £437,100 included in Appendix 2 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 forward of £70,000 for non-committed schemes in excess of £50,000;

b)    The overall method of financing of the 2016/17 capital expenditure as set out in paragraph 2.6.5 of the report;

c)    The capital determinations set out in paragraph 2.6.7 of the report.