Decision details

This report requests the Cabinet approve the council's draft statement of accounts 2002/2003 prior to reference to Council.

194/2003 The Cabinet noted the revenue outturn position of £3.507m and the consequent use of the general fund reserve as outlined in paragraph 5.5 of the report.
195/2003 The Cabinet recommended that Council approve the draft statement of accounts for Medway Council for 2002/2003.
196/2003 The cabinet recommended that Council approve the determinations under Part IV of the Local Government and Housing Act 1989 for the financial year ended 31 March 2003 as set out in appendix 2 of the report.

There is a statutory requirement to approve the statement of accounts prior to 30 September each year.