RESOLVED:

1.    That Cabinet note the revenue outturn for 2016/17

2.    That Cabinet consider the outturn position on Capital and approve the slippage into 2017/18 detailed in Appendix 3b and the adjustments to current and future years budgets detailed in the table at the front of the agenda report

The Cabinet Member for Finance presented the report on the Budget outrun 2016/17. He thanked Officers for the report that explained the issues, looked at measures to resolve, and provide help to Cabinet when looking at Budget Setting. The Director of Finance asked members to note that following the slippage of 2016/17 into 2017/18, officers will be required to monitor budgets closely and keep under review.

RESOLVED:

1.    That Cabinet note the revenue outturn for 2016/17

2.    That Cabinet consider the outturn position on Capital and approve the slippage into 2017/18 detailed in Appendix 3b and the adjustments to current and future years budgets detailed in the table at the front of the agenda report