Issue - meetings

Issue - meetings

Reserves and Balances Report

Meeting: 18/02/2015 - Council Briefing Note (Item 6.)

6. Section 151 Officer's Budget Report pdf icon PDF 92 KB

Report attached.

Meeting: 18/02/2015 - Council (Item 95)

95 Section 151 Officer's Budget Report pdf icon PDF 92 KB

This report will be circulated separately prior to the meeting.


The Head of Finance will submit a report under Section 25 of the Local Government Act 2003 which requires him to report to the Council on:


a)    The robustness of the estimates made for the purposes of the calculations of the budget, and


b)    The adequacy of the proposed financial reserves.


Council will be asked to note the report when setting its budget for 2015/16 and the indicative budgets for 2016/17 – 2018/19.


Council had before it the report of the Council’s S151 officer on the robustness of the 2015/16 budget as required under Section 25 of the local Government Act 2003.


The S151 officer explained the conclusions of his report which should be taken into consideration when setting the council’s budget for 2015/16 and agreeing the medium term financial strategy.


Council noted the report.