Agenda item

(Copy herewith)

2.1       Cabinet noted the provisional outturn for the General Fund and Housing Revenue Account for the financial year 2017/18 as set out at Appendix 1 and Appendix 5 of the report.

2.2       Cabinet approved the proposed revenue budget carry forwards detailed in Appendix 2 of the report.

2.3       Cabinet approved the use of and contributions to General Fund Revenue Earmarked Reserves as shown in Appendix 3 of the report.

2.4       Cabinet approved the net movement in Housing Revenue Account Reserves and working balances as set out at Appendix 6 of the report.

2.5       Cabinet noted the outturn for the Council’s General Fund and Housing Revenue Account Capital Programmes for 2017/18 and how the expenditure was financed as set out at Appendix 4 and Appendix 7 of the report.

2.6       Cabinet approved the proposed capital carry forwards into 2017/18 set out in Appendix 4 and Appendix 7 of the report.

2.7       Cabinet delegated authority to the Chief Executive in consultation with the Chief Finance Officer to agree any retention of underspends by NPH.

Councillor Eldred, as the relevant Cabinet Member, submitted a report and explained that the General Fund outturn for controllable budgets showed a net underspend of £1.024m.

RESOLVED:

2.1       That the provisional outturn for the General Fund and Housing Revenue Account for the financial year 2017/18 as set out at Appendix 1 and Appendix 5 of the report be noted.

2.2       That the proposed revenue budget carry forwards detailed in Appendix 2 of the report be approved.

2.3       That the use of and contributions to General Fund Revenue Earmarked Reserves as shown in Appendix 3 of the report be approved.

2.4       That the net movement in Housing Revenue Account Reserves and working balances as set out at Appendix 6 of the report be approved.

2.5       That the outturn for the Council’s General Fund and Housing Revenue Account Capital Programmes for 2017/18 and how the expenditure was financed as set out at Appendix 4 and Appendix 7 of the report be noted

2.6       That the proposed capital carry forwards into 2017/18 set out in Appendix 4 and Appendix 7 of the report be approved.

2.7       That authority be delegated to the Chief Executive in consultation with the Chief Finance Officer to agree any retention of underspends by NPH.