Issue - meetings

The Cabinet considered a report of the Director of Corporate Resources concerning the provisional revenue and capital outturn for 2018/19 and seeking approval for additional commitments set out in the report.  A copy of the report, marked “Agenda Item 11” is filed with these minutes.

Members noted that the Council’s Carbon Reduction Commitment also had benefits for its budget, for example, a significant fall in CO₂ tonnages resulting from the installation of LED street lighting.

Mr. Rhodes commended officers’ efforts to keep expenditure under control.

RESOLVED:

(a)           That the 2018/19 provisional revenue and capital outturn be noted;

(b)           That the additional commitments, as set out in paragraphs 51 and 52 of the report, be approved;

(c)           That the prudential indicators for 2018/19 as shown in Appendix E to the report, be noted.

(KEY DECISION)

REASONS FOR DECISION:

To note the provisional revenue and capital outturn for 2018/19, and to set aside funding for additional commitments.