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