Issue details
2017/18 Provisional Financial Outturn Report
PDF 82 KBThe report will set out the 2017/18 provisional financial outturn position for the Council. Following the end of the financial year the Council’s auditors will undertake the statutory audit of the Council’s statement of accounts. Once the audit has been completed, the final outturn position will be confirmed.
Decision type: Key
Reason Key: Expenditure or Savings of over £1 Million;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 15/06/2018
This decision will be taken under urgency procedures.
Reason for urgency:
The financial outturn report accompanies the Council’s statutory Statement of Accounts which have been published in accordance with the statutory deadline of 31 May The original intention was to incorporate the financial out-turn report in the end of year monitoring report. However it has been decided to report the financial position separately for 2017/18 to enable members to consider the out turn fully.
Open/Exempt: Open;
Decision due: 27 Jun 18 by Cabinet
Lead member: Cabinet Member for Resources and the Voluntary Sector
Lead director: Corporate Director, Resources
Department: Resources
Contact: Neville Murton, (Corporate Director, Resources) Email: neville.murton@towerhamlets.gov.uk.
Consultation process
This is a monitoring report. Information has been provided by other Directorate contacts and reviewed by Corporate Leadership Team.
Has an Equality Analysis been carried out and if so the result of this Assessment?: n/a
What supporting documents or other information will be available?: 2017/18 Draft Statement of Accounts https://www.towerhamlets.gov.uk/Documents/Finance/Accounts-and-audit/Financial_statements.pdf
Decisions
- 29/06/2018 - Provisional Outturn report 2017-18
Agenda items
- 27/06/2018 - Cabinet Provisional Outturn report 2017-18 27/06/2018