Decision details

Purpose of Report: To provide Members with the year end position on both finance and performance.

Members are asked to note the outturn.

This item has been brought forward for consideration at the June Executive meeting as the information will be available earlier than anticipated.

Resolved: That the Executive agree to:

(i)           Note the year end under spend of £876k and the allocation of £80k as outlined in paragraph 54 of the report with the balance of £796k transferred to the General Contingency;

(ii)          Note the financial risks outlined in the report and the need to maintain a significant contingency at this time and;

(iii)        The requests from contingency totalling £100k as outlined in the report.

Reason:    To ensure significant financial issues can be appropriately dealt with.