Issue - decisions

Resolved:  (i)      That the year end underspend of £153k and the unused contingency of £648k be noted.

                   (ii)      That approval be given to transfer the overall underspend of £801k to the 2019/20 contingency, pending consideration by the new Executive of budget amendment proposals to Council in July 2019.

                   (iii)     That the proposals for the Housing Revenue Account balance outlined in paragraphs 42 and 43 of the report be approved.

                   (iv)    That the financial risks outlined in the report, and the need to continue to maintain a prudent contingency and reserves that are reflective of these risks, be noted.

                   (v)     That the continued effective financial management across the Council, and the ongoing delivery of savings, be noted.

                   (vi)    That the performance information set out in paragraph 52 of the report onwards be noted.

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