Decision details

Financial Outturn 2019/20

Decision Maker: Cabinet, Overview and Scrutiny Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes


To update Cabinet on the Financial Outturn Report 2019-20.




                  (1)        it be noted that:


                                   i.       the year-end position for the financial year 2019/20 is a decrease to the General Fund balance of £172k against a budgeted decrease of £90k.

                                  ii.      the General Fund balance has decreased from £1.673m to £1.501m at the end of 2019/20.

                                 iii.       the savings achieved in year total £170k.

                                 iv.       the level of earmarked reserves has reduced by £535k to £4.031m.

                                  v.       the impact of COVID19 pandemic on the Council year end position


                  (2)        the transfers to and from earmarked reserves as detailed in the table in section 6 of the report be approved.


Report author: Jon Topping

Publication date: 18/06/2020

Date of decision: 17/06/2020

Decided at meeting: 17/06/2020 - Cabinet

Effective from: 26/06/2020

Accompanying Documents: