Issue - meetings
Provisional 2015-16 Revenue and Capital Outturn Report
Meeting: 06/06/2016 - Executive (Item 11)
11 2015/16 Draft Revenue Outturn 
PDF 348 KB
Report of Chief Finance Officer / Section 151 Officer
Purpose of report
To provide an initial draft update on the Council’s revenue outturn for 2015/16
Recommendations
The meeting is recommended:
1.1 To note the contents of the report.
Additional documents:
- Outturn Report 2015-16 REVISED 3 June 2016, item 11
PDF 236 KB
- Webcast for 2015/16 Draft Revenue Outturn
Decision:
Resolved
(1) That the report be noted.
Minutes:
The Chief Finance Officer / Section 151 Officer submitted a report to provide an initial draft update on the Council’s revenue outturn for 2015/16.
In response to comments from Councillor Woodcock, Leader of the Labour Group, regarding the reported shortfall in rental income from Castle Quay, the Chairman requested that the Town Centre Managers submit a report to the September or October Executive on the matter and the reasoning.
Resolved
(1) That the report be noted.
Reasons
The Executive has the responsibility for managing the Council’s resources. A key element of this is budgetary control, and the final outturn for the year is the measure of the accuracy of budgeting and budgetary control throughout the year.
Alternative options
Option 1: To not note the report but members will not be aware of the likely outturn and performance against budget for 2015/16 if they choose to take this option.