Issue - meetings

Budget Carry Forward Requests 2016

Meeting: 22/03/2016 - Corporate Governance & Audit Committee (Item 61)

61 Budget Carry Forward Requests pdf icon PDF 58 KB

The committee is requested to recommend that Cabinet approves the requests totalling £88,600 for budgets to be carried forward in 2016-17.

Additional documents:

Minutes:

The Committee considered the report circulated with the agenda (copy attached to the official minutes). Mrs Belenger introduced the report.

 

She drew attention to  the Accounts and Audit Regulations 2015, which would shorten the timetable for closing and publishing the accounts from 2017/18. The Accountancy Service was exploring and testing processes to streamline current practice. Previously, carry forwards had been agreed after the year end, but it was now considered appropriate to bring forward their approval process. Any approvals would be subject to the funds being available and unspent at the year end. Mrs Belenger then described the three requests being put forward (Appendix).

 

The Chairman pointed out that the requests had been vetted by the Chief Executive and the Head of Finance and Governance Services.

 

RESOLVED

 

That the Cabinet be requested to approve the requests, set out in the appendix, totalling £88,600 for budgets to be carried forward in 2016-17.

 

(Mr Hicks left the meeting.)