Decision details

General Fund, HRA and Capital Projected Outturn Report to 31 March 2020 as at 31 December 2019

Decision Maker: Policy & Finance Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No


The Business Manager – Financial Services presented a report which compared the revised budgets for the General Fund Revenue, Housing Revenue Account and Capital Programme, for the period ending 31 March 2020, with the Projected Outturn forecast for the period based on three quarters performance information.


The accounts showed a projected favourable variance against the revised budget of £0.514m on service budgets, with an overall favourable variance of £0.363m. The main variations from the revised budgets were detailed in the report. The report also summarised the position for the Capital Programme up to the end of December 2019 and was split between the General Fund and Housing Revenue Account.


AGREED      (unanimously) that:


(a)          the General Fund projected favourable outturn variance of £0.514m be noted;


(b)          the Housing Revenue Account projected favourable outturn variance of £0.052m be noted;


(c)          the variations to the Capital Programme at Appendix B be approved; and


(d)          the Capital Programme projected outturn and financing of £30.953m be noted.


Reason for Decision


To update Members with the forecast position for the 2019/20 financial year.

Publication date: 20/02/2020

Date of decision: 20/02/2020

Decided at meeting: 20/02/2020 - Policy & Finance Committee

Accompanying Documents: