Issue - meetings

This report summarises the Council’s financial performance for 2018/19 and details the capital budgets to be carried forward for schemes where costs will be incurred in 2019/20.

Following consideration, it was resolved:

That the Committee:-

(1)      Received the report on financial outturn for 2018/19;

(2)      Noted the carry forward £4.910 million budget for capital schemes to be added to the 2019/20 capital programme.

(3)      Agreed that the one-off gain, generated in 2018/19 from the 100% Business Rates Pilot, should be set-aside to mitigate the potential future impact of both business rates appeals and the Fair Funding Review on the Council’s funding, as detailed in section 4 of the report.

The Committee received a report summarising the Council’s financial performance for 2018/19 and detailing the capital budgets to be carried forward for schemes where costs would be incurred in 2019/20.

Following consideration, it was resolved:

That the Committee:-

(1)      Received the report on financial outturn for 2018/19;

(2)      Noted the carry forward £4.910 million budget for capital schemes to be added to the 2019/20 capital programme.

(3)      Agreed that the one-off gain, generated in 2018/19 from the 100% Business Rates Pilot, should be set-aside to mitigate the potential future impact of both business rates appeals and the Fair Funding Review on the Council’s funding, as detailed in section 4 of the report.