Issue - meetings

Revenue Outturn 2010/11

Meeting: 14/06/2011 - Cabinet (Item 86)

86 Revenue Outturn 2010/11

Report of the Interim Chief Finance Officer is circulated.

Supporting documents:

Minutes:

Cllr John Brady, Cabinet Member for Finance, Performance and Risk presented a report which advised Cabinet of the revenue outturn position for financial year 2010/2011.  He added that he was pleased with the position and that there was now an underspend of £0.733 million which was a £1.693 million decrease in the forecast position at month 10.

 

The Leader thanked all departments for helping to achieve this position.

 

Resolved:

 

That Cabinet notes the report showing an outturn underspend of £0.733 million and agrees that this will be put into the reserves for future use.