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Decision details

2016-17 Common Good Fund - Monitoring Report Update - CG/17/058

Decision Maker: Finance, Policy and Resources Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Decision:

(i)         to note the income and expenditure position for the year ended 31 March 2017;

(ii)        to note the cash balances as at 31 March 2017 of £17.36m, which is within the recommended levels indicated by the Head of Finance; and

(iii)       to agree to carry forward £280k of the 2016/17 budget underspends in earmarked reserves to allow the completion of park and property maintenance and development projects in future years.

Publication date: 04/07/2017

Date of decision: 29/06/2017

Decided at meeting: 29/06/2017 - Finance, Policy and Resources Committee

Accompanying Documents: