Agenda item

*RESOLVED –

1.   That the General Fund Revenue and Capital Outturn reports for 2018/19 be noted.

2.   That the General Fund carry forward requests, as set out in paragraph 4.6 of the officer’s report, be approved.

3.   That the level of General Fund Reserves and Balances, as set out in section 6 and Appendix C of the officer’s report, be approved.

4.   That the General Fund surplus for the financial year 2018/19, as set out in paragraph 6.7 of the officer’s report, be transferred to the budget risk reserve.

5.   That the capital financing arrangements, as set out in Appendix D of the officer’s report, be approved.

REASON FOR DECISION

In the interest of sound financial management.

The Director of Finance and Resources submitted a report on the General Fund Revenue and Capital Outturns for 2018/19. The report provided details of variations from the revised estimates previously approved by Cabinet on 26 February, 2019 (Minute No. 104, Cabinet 2018/19) and also sought approval for carry forward requests.

*RESOLVED –

1. That the General Fund Revenue and Capital Outturn reports for 2018/19 be noted.

2. That the General Fund carry forward requests, as set out in paragraph 4.6 of the officer’s report, be approved.

3. That the level of General Fund Reserves and Balances, as set out in section 6 and Appendix C of the officer’s report, be approved.

4. That the General Fund surplus for the financial year 2018/19, as set out in paragraph 6.7 of the officer’s report, be transferred to the budget risk reserve.

5. That the capital financing arrangements, as set out in Appendix D of the officer’s report, be approved.

REASON FOR DECISION

In the interest of sound financial management.