Issue - meetings

Meeting: 25/11/2019 - Cabinet (Item 36)

36 2019/20 Quarter 2 Forecast Outturn for General Fund, Housing Revenue Account (HRA) and Capital Programme and Revised Proposed Capital Programme 2019/20 to 2023/24 pdf icon PDF 469 KB

Key Decision

Portfolio Holder for Finance: Councillor David Martin

Additional documents:

Decision:

RESOLVED that

a)    the current forecast outturn on the General Fund, Housing Revenue Account (HRA) and Capital Programme 2019/20 and the reasons for major variances, as set out in Section 1, 3 and 5 of the report, be noted;

 

b)    the use of £20k of the forecast General Fund underspend to fund additional staff training in relation to new digital processes introduced through the Digital Transformation Programme and access to the £20k of National Lottery match funding available from Citizens Online (Section 1.10 of the report), be approved;

 

c)    Council be recommended to approve the amendments and addition of new schemes to the Capital Programme 2019/20 to 2023/24 and the funding of the Capital Programme, as set out in Section 6 of the report.

c)

 

Minutes:

Cabinet were requested to note the current forecast outturns and variances on the General Fund, Housing Revenue Account (HRA) and Capital Programme 2019/20 and approve the amendments and new schemes added to the Capital Programme 2019/20 to 2023/24.

 

Due to the requirements of the Council’s Financial Regulations, Members did not have any alternative options to consider.

 

RESOLVED that

a)    the current forecast outturn on the General Fund, Housing Revenue Account (HRA) and Capital Programme 2019/20 and the reasons for major variances, as set out in Section 1, 3 and 5 of the report, be noted;

 

b)    the use of £20k of the forecast General Fund underspend to fund additional staff training in relation to new digital processes introduced through the Digital Transformation Programme and access to the £20k of National Lottery match funding available from Citizens Online (Section 1.10 of the report), be approved;

 

c)    Council be recommended to approve the amendments and addition of new schemes to the Capital Programme 2019/20 to 2023/24 and the funding of the Capital Programme, as set out in Section 6 of the report.

 

Reasons:

1)    In accordance with the Council’s Financial Regulations to report to those charged with Governance the financial position to 30 September 2019.

 

2)    In accordance with the Council’s Financial Regulations, the Capital Programme for 2019/20 to 2023/24 is required to be reported to Cabinet to ensure that the programme meets the corporate priorities.

 

3)    In accordance with Council’s Financial Regulations Cabinet are required to consider and recommend to Council the Capital Programme 2019/20 to 2023/24.