Issue - decisions

Financial Outturn 2019-2020 (Quarter 4)

25/06/2020 - Financial Outturn 2019/20 Budget Monitoring - Quarter 4

RESOLVED

 

That the Cabinet

 

a)         notes the outturn for the year 2019/20 as summarised in this report and to note that future years impact as a result of Covid-19 will be presented in the monitoring report to Cabinet in September 2020.

 

b)         approves a supplementary capital estimate of £1,500 which will be funded from S106 contributions for the Ewhurst Playing Fields Play Area, Ifield as outlined in paragraph 8.15 of the report.

 

 

That Full Council be recommended to

 

retrospectively approve a transfer of £1.192m to the business rates equalisation reserve as outlined in paragraph 9.2.

 

 

Reasons for the Recommendations

 

To report to Members on the outturn for the year compared to the approved budget for 2019/20.