As part of the year end process, the Council must report the outturn position for 2014/15 and produce a Statement of Accounts which must be signed off by the External Auditors (Ernst & Young) and published by 30 September 2015. 

The report dealt with the 2014/15 financial outturn for the following:

·         General Fund – projected breakeven position for the year.

·         Housing Revenue Account – projected under spent of £94K for the year.

·         Capital Programme – projected under spend of £3.4M for the year.

The report also considered the reserves and working balance levels.

A motion was MOVED by Cllr Hirst and SECONDED by Cllr Mrs McKinlay to agree the recommendations in the report.

A vote was taken by a show of hands and it was RESOLVED UNANIMOUSLY that:

1.     The provisional outturn information within this report was approved.

2.     The capital programme would carry forwards requested at paragraph 4.11 of the report were approved. 

REASON FOR RECOMMENDATION

The Council were required to ensure effective arrangements for financial management were in place.