The Cabinet considered the Annual Corporate Performance and Resources Report for 2016/17 and agreed that:-
· progress against delivering Council priorities and capital schemes alongside budget and performance outturns contained within the report be noted;
· the virements to the Revenue Budget set out in section 2.2.3 of the report be approved;
· the Portfolio cash limit outturn position for 2016/17 as set out in section 2.3 of the report be noted;
· the position on the 2016/17 budget savings programme set out in section 2.4 of the report be noted;
· the non-cash limit out-turn position for 2016/17 as set out in section 2.6 of the report be noted;
· the release of contingency budgets held for inflationary and demand pressures to support the Adult Social Care and Children and Family Services Portfolios at quarter one of 2017/18, as set out in 2.6.1 of the report be approved;
· the funding of redundancy costs from non-cash limit unallocated contingency budgets, as set out in 2.6.2 of the report be approved;
· the use of the non-cash limit surplus and increase in reserve levels set out in 2.7 of the report be approved;
· the Dedicated Schools Grant and Housing Revenue Account outturn positions as set out in sections 2.7 and 2.8 of the report be noted;
· the contributions to/from earmarked reserves and balances as set out in section 2.10 of the report be approved and the outturn reserves and balances position be noted;
· authority be delegated to the Borough Treasurer, in conjunction with the Leader of the Council and the Cabinet Member for Reform and Governance the approval of changes to the outturn, reserves and/or balances position following the audit of the Council’s 2016/17 Statement of Accounts set out in section 2.12 of the report;
· the outturn position for the 2016/17 Capital Programme as set out in section 3.1 of the report be noted;
· the re-phasing of capital schemes during the quarter as set out in 3.1.4 of the report be noted;
· the changes to the Capital Programme as set out in 3.1.5 of the report be approved; and
· the proposals for resourcing the Capital Programme as set out in 3.3 of the report be approved.