Decision details
Financial Outturn 2017-18
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To update Cabinet on the Financial Outturn
Report 2017-18.
Decision:
RESOLVED that:
(1) it be noted that:
i. The savings achieved in year total £1.849m
ii. The year-end position for the financial year 2017/18 is a decrease of the General Fund balance by £19k
iii. The General Fund balance has decreased from £1.655m to £1.636m at the end of 2017/18.
iv. That the level of earmarked reserves has reduced by £64k to £4.205m.
(2) The transfers to and from earmarked reserves as detailed in the table in section 6 of this report be approved
Report author: Jon Topping
Publication date: 14/06/2018
Date of decision: 13/06/2018
Decided at meeting: 13/06/2018 - Cabinet
Effective from: 22/06/2018
Accompanying Documents: