Agenda item

Report of the Senior Leadership Team.

The Chief Executive and the Service Manager, Financial Services, introduced a report of the Senior Leadership Team, which had been circulated prior to the meeting, presenting the Council Plan and Budget Outturn and Budget Carry Forwards for 2013/14 and asking Cabinet to approve the method of financing the 2013/14 capital expenditure and to approve the carry forward of budgets.

RESOLVED:

a.    To note the Council Plan Performance and Budget Outturn figures for 2013/14;

b.    To note the revenue carry forwards approved by the Chief Financial Officer of £89,700 included in Appendix 2 of the report, being amounts not in excess of £10,000;

c.    To note the capital carry forwards approved by the Chief Financial Officer of £747,900 included in Appendix 2 of the report, being amounts not in excess of £50,000 and committed schemes above £50,000; and

d.    To refer to Council for approval:

i)       The revenue carry forward of £20,000 for the non-committed scheme in excess of £10,000;

ii)     The capital carry forward of £301,700 for non-committed schemes in excess of £50,000;

iii)    The overall method of financing of the 2013/14 capital expenditure as set out in Appendix 7 of the report;

iv)    The capital determinations in Section 3.4.