Decision details

This report set out the draft outturn figures for the financial year 2005/06.  The individual variations were detailed in full at Annex 1. In summary the draft outturn for 2005/06 was £10,619k.  This compared with a current approved budget of £10,772k, a net underspend of £153k or 1.4%. It was highlighted that the figures were provisional and may be adjusted, however, significant changes were not expected to be made. Members discussed the following:

·        Members thanked Officers for the savings which had been made.

·        Members queried which services the savings had impacted upon. Officers reported that parks and open spaces, and sports facility management had been most affected.

Advice of the Advisory Panel:

That the Executive Member be advised to:

(i)            Approve the draft revenue outturn for 2005/06 and note that the underspend will be transferred to the council’s reserves.

(ii)         Agree the carry forwards set out in paragraph 9 totalling £153k, subject to the approval of the Executive.

Decision of the Executive Member:

RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.

REASON:            To manage the budget effectively.