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.