Decision details

1.1.        That the General Fund underspend of £4.464m and the HRA underspend of £0.636m, be noted.

1.2.        Subject to the overall General Fund financial position of the Council and the departmental underspend being higher or the same as the carry forward request at the year end and clearance by the Section 151 Officer in consultation with the Cabinet Member for Finance:

·         To agree the carry forward of departmental underspends of £1.398m as detailed in appendix 11.

·         To agree that Adult Social Care can carry forward budget underspend up to £1.325m to meet future identified budget pressures as outlined in appendix 1, subject to the final ASC outturn position and confirmation from the Cabinet  Member for Finance.

·         To agree that if a budget underspend in Environment, Leisure and Residents Services is achieved at year end they carry this forward to cover the budget pressures arising from Fulham Palace commitments as outlined in appendix 4. subject to the final ELRS outturn position and confirmation from the Cabinet Member for Finance.

1.3.        That a virements totalling £3.175m General Fund and £0.871m HRA (appendix 12), be approved.

1.4.        That the request for the Section 151 Officer, with the confirmation of the Cabinet Member for Finance, to take the necessary decisions required to ensure the Council’s accounts are closed by 30^th June 2015, be agreed.