Issue

Issue - meetings

2017/18 Forecast Outturn and Capital Programme 2018/19

Meeting: 24/04/2018 - Coalville Special Expenses Working Party (Item 30)

30 2017/18 Forecast Outturn and Capital Programme 2018/19 pdf icon PDF 46 KB

Report of the Head of Community Services

Additional documents:

Minutes:

The Head of Community Services presented the report to Members, highlighting the contribution to balances of £22,000 which would increase the forecasted yearend balance to £86,000.  He reminded Members that a prudent level of reserves was 10 percent of the annual recurring expenditure, therefore it would be approximately £45,000.

 

Councillor M B Wyatt commented that each year he asked officers to look into expanding the Christmas events and was always told there was not enough time for further considerations.  Therefore he asked officers to thoroughly investigate the possibility of expanding the event onto Hotel Street and Memorial Square for the 2019/20 financial year.  The Chairman asked officers for a report to be brought to the next meeting with some ideas and costings so it could be discussed further.  Councillor M B Wyatt agreed and commented that if it was not viable then he would understand but he would like the opportunity to discuss the option further.     

 

It was moved by Councillor J Legrys, seconded by Councillor J Geary and

 

RESOLVED THAT:

 

a)         The 2017/18 Forecast Outturn be noted.

 

b)         The Capital Programme for 2018/19 be noted.

 

c)         A report be considered at the next meeting regarding the possible expansion of the Christmas in Coalville events.