Decision details

The Cabinet considered the Corporate Performance and Resources Annual Report for 2017/18, and agreed the following:-

·           the progress against delivering Council priorities and capital schemes alongside budget and performance outturns contained within the report be noted;

·           the key policy drivers identified and progress in managing corporate risks set out in section 2 of the report be noted;

·           the virements to the Revenue Budget set out in section 3.2.3 of the report be approved;

·           the cash limit and non-cash limit outturn positions for 2017/18 as set out in section 3.3 and 3.6 of the report be noted;

·           the position on the 2017/18 budget savings programme set out in section 3.4 of the report be noted;

·           the carry forward of the non-cash limit surplus within general fund balances, as set out in 3.6.1 of the report be approved;

·           the funding of redundancy costs from non-cash limit unallocated contingency budgets, as set out in 3.6.3 of the report be approved;

·           the Dedicated Schools Grant and Housing Revenue Account outturn positions as set out in sections 3.7 and 3.8 of the report be noted;

·           the appropriations to/from reserves and balances as set out in section 3.9 of the report be approved and the resulting reserves and balances position be noted;

·           changes to the outturn, reserves and/or balances position as a result of the finalising and auditing of the 2017/18 Annual Statement of Accounts be delegated to the Borough Treasurer, in conjunction with the Leader of the Council and the Cabinet Member for Reform and Governance;

·           the outturn position for the 2017/18 Capital Programme as set out in section 4.1 of the report be noted;

·           the re-phasing of capital schemes during the quarter as set out in 4.1.5 be noted;

·           the proposals for resourcing and additional resources required for the Capital Programme as set out in 4.3 of the report be approved; and

·           the 2017/18 actual prudential indicators as set out in section 4.4 of the report be approved.

None