Agenda item

The report was introduced by the Head of Finance who explained that higher level of property reserves were to allow catch up on property maintenance issues and that the slippage is higher than usual due to changes to personnel and reorganisations.

Members considered the report of the outturn for 2017/18, which sought approval of the necessary appropriations, to or from reserves, together with approval of unspent funds and overspends to be carried forward into the 2018/19 financial year.

Some good news stories were noted specifically that North Lees Estate has exceeded its full-cost recovery target and the Cycle Hire Service continues to perform really well. 

The recommendation as set out in the report was moved, seconded, voted on and carried.

RESOLVED:

That the Outturn be noted and the slippage requests and specific reserve appropriations shown in Appendix C of the report be approved.