Issue - meetings

Revenue Outturn 2019/20

 

 

Meeting: 16/07/2020 - Council (Item 14)

14 Provisional Revenue Outturn 2019/20 pdf icon PDF 127 KB

Additional documents:

Minutes:

Consideration was given to a report seeking approval of the proposed changes to strategic reserves following the outcome of a review of Council reserves.

 

COUNCIL RESOLVED          -           (i)         That the appropriations to and from

reserves, outlined in paragraphs 11-16 of the report, be approved.

 

                                                            (ii)        That the proposed changes to strategic

reserves following the outcome of a review of Council reserves be approved.

Meeting: 23/06/2020 - Cabinet (Item 4)

4 Provisional Revenue Outturn 2019/20 pdf icon PDF 416 KB

Report of the Strategic Director, Resources and Digital

Minutes:

Consideration has been given to the outturn position on the 2019/20 revenue budget prior to audit and to recommending the Council to approve appropriations to and from reserves consistent with previous decisions, accounting policies, the principles set out in the Medium Term Financial Strategy (MTFS) and requirements of the Accounting Code of Practice and also proposed changes to strategic

reserves following the outcome of a review of Council reserves.

 

 

 

RESOLVED -

(i)

That the Council’s 2019/20 revenue outturn position as an under spend of £4.130m, subject to audit be noted.

 

 

 

 

(ii)

That the Council be recommended to approve the appropriations to and from reserves as set out in paragraphs 11 to 16 of the report.

 

 

 

 

(iii)

That the Council be recommended to approve the proposed changes to strategic reserves following the outcome of a review of Council reserves as set out in paragraph 18 of the report.

 

 

 

The above decision has been made to contribute to sound financial management and the long-term financial sustainability of the Council.