Decision details

Financial Performance - Outturn Financial Year Ended 31st March 2013

Reference: D40555

Decision Maker: Executive Board

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

In noting the financial position for the month for the Authority a decision will be required as to the treatment of any variation identified.

Decisions:

The Board considered the report of the Director of Resources setting out the Council’s financial outturn position for 2012/13 for both revenue and capital and including the Housing Revenue Account. In addition, the report addressed major variations on the revenue account and reported on the final position in respect of Schools and the ALMOs. Finally, the report highlighted the position regarding other key financial health indicators including Council Tax and NNDR collection statistics, Sundry income and prompt payments.

RESOLVED – That the Executive Board note the outturn position and approve the creation and delegated release of earmarked reserves as detailed in paragraph 2.5 of the submitted report

 

Reason Key: Affects more than 1 ward;

Wards Affected: (All Wards);

Portfolio Holder: Leader of Council

Other reasons / organisations consulted

N/A

Contact: Doug Meeson, Chief Officer - Financial Services Tel: 0113 247 4250 Email: doug.meeson@leeds.gov.uk.

Report author: Doug Meeson

Publication date: 14/11/2013

Date of decision: 19/06/2013

Decided at meeting: 19/06/2013 - Executive Board

Accompanying Documents: