Issue - meetings

Report of the Interim Director of Resources

Presented by the Corporate Portfolio Holder

The Leader presented the report to Members. He advised Members that the provisional outturn figure of £2.349m was in line with the £2.3m that had been reported to Cabinet at the last meeting and that the underspend would be held in reserve, with reports being brought to Cabinet on how to spend the one-off surplus. He informed Members that the underspend was mainly due to Business Rates and Planning Income and that the HRA account was also underspent by £388k.

It was moved by Councillor R Blunt, seconded by Councillor T Gillard and

RESOLVED THAT:

The provisional financial outturn position for 2015/16 be noted.

Reason for decision: Requirement of Financial Procedure Rules