Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To consider the draft accounts for 2018-19 and
agree any transfers to earmarked reserves before the statutory
Statement of Accounts is signed by the Chief Financial
Officer.
Decision:
That the final outturn position on the Housing Revenue Account for 2018-19 be noted and that the decision, taken under delegated authority, to transfer £2.5 million to the reserve for future capital programmes, and £7.85 million to the new build reserve from the revenue surplus of £10.35 million in 2018-19, be endorsed.
Reason:
To allow the Statutory Statement of Accounts to be finalised and subject to external audit, prior to approval by the Corporate Governance and Standards Committee, on behalf of the Council.
Alternative options considered and rejected by the Executive:
None
Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:
None
Report author: Philip O'Dwyer
Publication date: 19/06/2019
Date of decision: 18/06/2019
Decided at meeting: 18/06/2019 - Executive
Accompanying Documents: