Issue - meetings
2015/2016 Year End Outturn
Meeting: 07/06/2016 - Cabinet (Item 9)
9 Revenue and Capital Outturn 2015/2016 
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Minutes:
Background:
This report detailed the final revenue and capital outturn position for the financial year ended 31 March 2016. These figures would form part of the Council’s draft statement of accounts which would be seen by the Audit Committee on 30 June and be subject to the external audit during July and August.
The final outturn for the year was close to break even, representing a modest underspend of £125,000.
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Decision number: |
Decision: |
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The Cabinet noted the outturn position and submission of the draft Statement of Accounts to the Audit Committee on 30 June 2016 and the final Statement of Accounts to the Audit Committee on 29 September 2016 |
Reasons:
The Cabinet was the body charged with the executive management of the council’s budget. Therefore, it was important that the final outturn be reported to Cabinet.