Decision details

RESOLVED –

(1)       That Cabinet noted the outturn position in respect of the 2019/20 financial year;

(2)       That the proposed carry forward of revenue budgets as detailed in 2.1 of the report, totalling £0.038m be approved;

(3)       That the proposed carry forward of capital budgets as detailed in Appendix 4 to the report, totalling £1.939m be approved.

REASON FOR DECISION – To inform Cabinet of the financial outturn for 2019/20, to carry-forward specific budgets and to enable a base budget review of the General Fund and Housing Revenue Account to now take place.

OTHER OPTIONS CONSIDERED AND REJECTED – The financial outturn report for 2019/20 was primarily a factual report detailing the position compared to previously approved budgets.  Consequently, there were no alternative options that needed to be considered.

This is a Key Decision.  The call-in period for the decision will run until Tuesday 1 September 2020.