Issue - decisions
Financial Outturn for 2019-20
31/07/2020 - Financial Outturn for 2019-20
The Pre-Decision Scrutiny Questions and officer responses were noted.
DECISION
1. To note the Council’s provisional outturn position against General Fund, Dedicated Schools Budget, Housing Revenue Account and the Capital Programme for 2019-20, based on information as at early June 2020.
2. After taking consideration of the reduced level of General Fund reserves as presented, to approve the drawdown of £11.7m from the New Home Bonus reserve into GF reserves, in order to maintain balances at £20m.
3. To note that there are no equalities implications directly resulting from this report, as set out in Section 4 of the report.
Action by:
CORPORATE DIRECTOR, RESOURCES (N. MURTON)
(Chief Accountant (T. Harlock)