Council and Democracy

Issue - meetings

Estimates of Revenue Expenditure for Years Ending 31 March 2018 Onwards

Meeting: 18/12/2017 - Chesterfield and District Joint Crematorium Committee (Item 22)

22 Estimates of Revenue Expenditure for Years Ending 31 March 2018 Onwards pdf icon PDF 274 KB

Additional documents:

Decision:

RESOLVED –

 

1.   That the revenue estimates be approved, subject to the approval of the Fees and Charges.

 

2.   That the Capital schemes detailed in paragraphs 3.4 and 6.7 of the report, be approved.

 

3.   That pursuant to Minute No. 19 (Chesterfield and District Joint Crematorium Committee, 2016/17) approval is given to re-distribute funds of £511,745 to the Constituent Authorities for 2017/18.

 

4.   That the planned use of reserves detailed in section 6.0 be approved.

Minutes:

The Deputy Chief Accountant presented the Committee’s revenue estimate for 2017/18 to 2020/2021.

 

The following points were outlined in the report:

 

·    The revised forecast for 2017/18 and explanations for significant variances, resulting in an expected operating deficit of £45,110.

·    Estimates for 2018/19, including an estimated surplus of £571,745 reported.

·    Medium Term Forecasts for 2019/20 and 2020/21.

·    The six reserves of the Joint Committee.

·    The proposed re-distribution to constituent authorities.

 

It was noted that the wording in the first two bullet points in paragraph 4.1 of the officer’s report should read as:

 

·       The January 2018 fee increase.

·       No increase in fees and charges from January 2019.

 

RESOLVED –

 

1.   That the revenue estimates be approved, subject to the approval of the Fees and Charges.

 

2.   That the Capital schemes detailed in paragraphs 3.4 and 6.7 of the report, be approved.

 

3.   That pursuant to Minute No. 19 (Chesterfield and District Joint Crematorium Committee, 2016/17) approval is given to re-distribute funds to the total of £511,745 to the Constituent Authorities for 2017/18.

 

4.   That the planned use of reserves detailed in section 6.0 be approved.

 

REASON FOR DECISION –

 

To enable the Crematorium to set a balanced budget and maintain adequate reserves for 2017/18 and in future years.