Decision - Quarter 3 Section 151 Financial Monitoring Report
Decision details
Quarter 3 Section 151 Financial Monitoring Report
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Decision:
RESOLVED (Unanimously)
That:
1. Cabinet notes the projected Revenue financial monitoring position for 2018/19 as at 31 December 2018, including the management actions taken to deliver the savings and achieve the projected surplus.
2. Cabinet notes the proposed drawdown of reserves of £170,000 to cover associated expenditure for which the reserves were created.
3. Cabinet notes the projected Capital monitoring position for 2018/19 as at 31 December 2018 including the revised spend outturn, revised funding mechanisms and carry over into 2019/20.
4. Cabinet grants approval for up to £100,000 of the surplus to be used to carry out additional environmental works across the Borough to enhance existing green links programmes.
Report author: Tim Povall
Publication date: 21/03/2019
Date of decision: 20/03/2019
Decided at meeting: 20/03/2019 - Cabinet
Effective from: 29/03/2019
Accompanying Documents: