Decision details

RESOLVED

a)    that the forecast variances against revised budgets for the General Fund (underspend of £66,000), Housing Revenue Account (underspend of £3.126m) and Capital Programme (slippage of £9.059m), be noted

b)    that a one-off transfer of £20,000 from the forecast underspend on Legal and Governance services be used to contribute, along with a number of the Nottinghamshire districts, towards legal and financial assessment costs associated with the LGR/Unitary work.

c)    that £29,000 of the forecast underspend be used to fund a second Ashfield Big Spring Clean early in 2019.

d)    that the new capital schemes included in the officer’s report be recommended to Council for approval.

REASON FOR DECISIONS

To report to those charged with Governance the financial position to September 2018 and comply with the Council’s Financial Regulations.

ALTERNATIVE OPTIONS AND REASONS FOR REJECTION

There were no alternative options identified.