Issue - meetings

The panel received the report of the portfolio holder for finance to provide members with the provisional revenue and capital outturn 2010/11.  Appended to the report was the report to cabinet of 26 July 2011, which provided summary information, and the timetable for completion of the closure of accounts process, including details of the carry forward of underspent/overspent revenue budgets and capital slippage.  The cabinet report sought approval of various prudential indicators for the last year for referral on to council.

It was reported that cabinet had noted the report and had approved the recommendations regarding carry forward of overspendings. Cabinet had also approved the requests to carry forward underspent general fund revenue budgets numbered 1 to 14 contained within the report, and the housing revenue account request numbered 19, set out in the report, with referral on to council where appropriate. The remaining general fund carry forward requests numbered 15 to 18, contained within the report, which involved some change of use from the original budget purpose, had also been approved, with referral onto council where appropriate.

Following the portfolio holder for finance’s report members asked extensive questions, which included the following:

·         Carry forward requests numbered 15 to 18 which involved some change of use from original budget purpose.

·         Communal recycling facilities and replacement of recycling bins, including whether people should be asked to pay for replacement lids and boxes.

·         The council’s liability in relation to cycle paths.

·         The level of controllable overspends, particularly in relation to Salt Ayre Sports Centre and trade refuse collections.

Resolved:

That the report be noted.