Agenda item

The Cabinet considered a report of the Corporate Director of Resources which provided Cabinet with information on the following:

(a)  forecast revenue and capital outturn for 2017/18;

(b)  forecast for the Council’s Council Tax and Business Rates Collection Fund position at 31 March 2018;

(c)  use of earmarked, cash limit and general reserves.

The report also sought approval of the budget adjustments and proposed sums outside of the cash limit (for copy see file of minutes).

Cabinet members in welcoming the report commended finance officers on their accurate forecasting and bringing together the report. Members spoke of the continuation of the austerity measures, and the difficulties that were being faced by authorities.

Resolved:

That the recommendations contained in the report be approved.