Agenda item

Revenue Outturn for the year ending 31 March 2018 - Report of the Treasurer

Minutes:

Charter Trustees considered a report of the Treasurer that provided information on the 2017/18 final revenue outturn (for copy see file of minutes).

 

The Treasurer reported that the actual net revenue expenditure for 2017/18 was £50,283, an underspend of £16,153 against a budget of £66,436. He confirmed that £4,191 would be transferred back into reserves increasing the reserve balance to 72,269 as of 31 March 2018.

 

Councillor Hopgood referred to the policy regarding the use of the civic car and asked if the policy could be reviewed to ensure the Deputy Mayor can use the civic car in the event that the Deputy Mayor is unable to drive.

 

Councillor Turnbull was concerned that the Deputy Mayor was expected to use public transport to attend civic occasions and felt there was a risk when wearing Mayoral chains on public transport.

 

Resolved:-

i)             That the final outturn position for the financial year ended 31 March 2018 be noted;

ii)            That the civic transport policy be reviewed.

 

Supporting documents: