Agenda item

The report presents the provisional revenue and capital outturn for 2009/10.  It refers to known potential revenue pressures for the current year, as a preface to a request to carry forward specific revenue budget items to 2010/11, and to write-off revenue overspends where recovery in future years, in combination with containing those pressures in the current year, would have an adverse impact on continuing service delivery.  The report also refers to requests to rephase specific capital budget items and to write off capital underspends in 2009/10 and to approve specific capital budget items in the 2010/11 capital programme.

Councillor Francine Haeberling introduced the report which was the annual outturn report for 2009/10.  She proposed that Cabinet adopt the report and its recommendations.

Councillor Charles Gerrish in seconding the proposals paid tribute to officers for turning round a projected overspend.

On a motion from Councillor Francine Haeberling, seconded by Councillor Charles Gerrish it was

RESOLVED (unanimously)

(1) To note the provisional revenue budget outturn for 2009/10;

(2) To approve the revenue carry forward proposals and write-off requests as exceptions to the Budget Management Scheme;

(3) That the Revenue Budget Contingency is increased by £2.290m and that earmarked reserves totalling £214k related to the Carbon Management and Procurement Programmes are created;

(4) To approve the revenue virements for 2009/10 and 2010/11;

(5) To note the resulting reserves position and that unearmarked reserves remain at the target level of £10.5m;

(6) To note the provisional outturn of the 2009/10 capital programme and funding;

(7) To approve the capital rephasing;

(8) To approve the capital programme 2010/11 items;

(9) To note the adjustments to the 2009/10 to 2013/14 capital programme and the final capital programme for 2009/10;

(10) To note the use of growth points funding in 2009/10, and to agree the proposed approach for 2010/11;

(11) To note the efficiencies achieved during 2009/10.