To consider a report on the provisional Revenue Outturn position for the period 2014-2015.
Minutes:
The Committee received the report on the provisional revenue outturn for 2014/15 and noted that £13.491m had been spent against the full year revised budget of £13.621m. Taking into account the use of carry forwards, investment income and business rates retention the net underspend was approximately £250k. Carry forward requests for 2015-2016 amounting to £217k would be accommodated from the underspend. The report highlighted a better than anticipated investment income of £536k and transfers which had been made to and from reserves.
Resolved to note the provisional revenue outturn for 2014/2015.
Supporting documents: