Decision details

2018/19 Revenue Budget Outturn Report

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No




The Cabinet agreed to:


 1. Carry forward requests of £0.417m to be used against future commitments (section 4 and appendix B);

2. The creation of new earmarked reserves totalling £9.020m (section 5, table 5) to fund future commitments as detailed in section 4 and appendix C;

3. The elimination of the negative balance of £2.936m of the Repairs & Maintenance (R&M) and Buildings Maintenance Indemnity Scheme (BMIS) reserves (sections 2 and 5) and;

4. The creation of a new earmarked reserve of £2.556m to enable the Council to support ongoing priorities with delegated authority to be given to the Leader, Cabinet Member for Resources, Chief Executive and Director of Finance (section 2)


The Cabinet further noted the contents of this report and the outturn position for 2018/19:

1.     The transfers to and from existing reserves (section 3, table 2 and section 5)

2.     The planned future forecast position of the General Fund and Earmarked Reserves (section 5, table 5 and appendix C).

3.     The use of Capital Receipts Flexibilities (section 6)

4.     The delivery of the agreed savings for 2018/19 (section 7)

5.     The Aged Debt position (appendix D)

6.     The early outlook for 2019/20 (section 8)

The update on the Core Council Programme (section 9)


ALTERNATIVE OPTIONS CONSIDERED: As set out in the officer report


REASON FOR DECISION: As set out in the officer report


Publication date: 12/06/2019

Date of decision: 10/06/2019

Decided at meeting: 10/06/2019 - Cabinet

Accompanying Documents: