Decision details

1.    To note the gross General Fund provisional revenue underspend of £0.198m, subject to audit.

2.    To note the HRA provisional underspend of £0.504m and overall increase in the HRA reserves of £1.565m resulting in a HRA balance of £20.086m as at 31st March 2017, subject to audit. HRA earmarked reserves are £25.6m.

3.    To note that general fund earmarked reserves are £82.70m and general balances are £19.0m as at 31st March 2017, subject to audit.

4.    To note the capital outturn of £70.6m.

5.    To note the enhanced monitoring process for 2017/18 particularly in respect of bilateral Member challenge meetings (involving the Departmental Management team and Cabinet member with the Strategic Finance Director and Cabinet member for Finance) with services facing pressures due to demographics and unfunded new burdens from Government.