Issue - meetings

Purpose of report

To inform the Cabinet Member of the revenue expenditure position within the Education portfolio cash limit, together with the capital programme for the financial year 2016-17. This report sets out the budget position and contributing factors to the final portfolio underspend at the end of the financial year.

RECOMMENDED that the Cabinet Member:

(1)  Note the Education Portfolio outturn position for 2016/17 of £211,000 under the approved cash limit provision and the capital programme position at the end of the financial year.

(2)  Note the potential cash limit pressure for the 2017/18 financial year; and that this will continue to be monitored and reported regularly during the year.

The report was introduced by Richard Webb, Finance Manager.

DECISIONS: The Cabinet Member:

(1)  Noted the Education Portfolio outturn position for 2016/17 of £211,000 under the approved cash limit provision and the capital programme position at the end of the financial year.

(2)  Noted the potential cash limit pressure for the 2017/18 financial year; and that this will continue to be monitored and reported regularly during the year.