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: