Agenda item

The Committee considered the Joint Report of the Corporate Director of Resources and Corporate Director of Regeneration and Local Services which set out details of the outturn budget position for the former Neighbourhood Services group highlighting major variances in comparison with the budget. The Finance Manager, Regeneration and Local Services gave a presentation (for copies, see file of minutes).

Councillor Howell referred to capital projects and questioned their underspend and what efforts were being made to ensure that capital projects are on schedule.

The Finance Manager responded that project boards monitor delivery of capital schemes some projects were delayed due to unforeseen circumstances impacting upon our ability to deliver on time.

Resolved: That the final outturn position on Revenue and Capital for 2016/17 be noted.