Agenda item

Report of the Senior Leadership Team

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.