Meeting documents

Type

£k

Used in 2004/05

Earmarked

Movement

Reported opening general fund balances 2003/04 as in the final accounts

5,126

2004/05 uses (earmarking)

Risk Mgt & Invest to Save not yet spent

Use

-301

-42

-259

0

Legal challenge costs not yet charged in 2002/03 (provision from £1.9m HRA transfer) and 03/04 Budget earmarking for further legal challenge cost in the budget

Use

-64

-17

-47

0

Other misc. previously earmarked uses (net)

Use

-15

0

-15

0

Expenses towards the set up of the new Tourism company in 03/04. (approved by Council Feb 2003)

Use

-100

-69

-31

0

Southgate Project Mgt Costs (approved by Council Sept 2004)

Use

-100

-100

0

0

Additional Planning costs (approved by Council July 2004)

Use

-250

-152

-98

0

Rates refunds expected

Addition

+600

+530

0

-70

Allocation of former Avon Balances

Addition

+370

+370

0

0

VAT Refunds (net)

Addition

+59

+45

0

-14

Licensing (Council Jan 2005)

Use

-80

0

-80

0

Use of balances in 2003/04 final accounts

Use

-471

-471

0

0

Direct Budget support from Balances including

a) Balances to be used in funding carried forward financial plan items.

b) the Contribution in 2004/05 budget to balances

These are all reflected in the support from balances line in approved cash limits

Addition

+1,164

+1,164

0

0

Other transfers and refunds

+38

0

+38

Net balances after final accounts

Balance

5,938

+1,297

-530

5,893

2005/06 budget will increase by*

+450

+450

Final Outturn position 2004/05 net of provisions and carry forwards

92

Repayment of 2003/04 revenue support grant for effects

-259

-259

Local Plan and single status project costs

-279

-279

Movements since budget set:

5,897

If balance of overspend written off

NIL

New Non-Earmarked General Fund Balances

5,897

Risk Assessed prudent level required is

7,000