8 Revenue Budget Monitoring PDF 487 KB
Report by Interim Head of Strategic Finance
:
Minutes:
The Council considered a report summarising the revenue budget position of the Council as at the end of the financial year 2014-15.
Decision
The Council –
1.
Noted
the revenue budget monitoring position, as at the end of the financial year
2014-15 and the updated position on the General Fund balance.
2.
Approved
the transfer of the balance collected from the double charge on Council Tax
from empty homes to be transferred into the General Fund. A total of £0.506m
was collected during 2014-15 with £0.150m already allocated, a total of £0.356m
would be re-allocated to the General Fund balance.
3.
Noted
the updated balance available in the General Fund to be directed towards the
delivery of the Single Outcome Agreement, as at 31 March 2015 is £12.269m.
(Reference: Report by Interim Head of Strategic Finance
dated 15 June 2015, submitted)
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