Issue - meetings

To receive and note a report by the Head of Financial Services on the revenue outturn for 2004/05.

Noted the level of net outturn expenditure in the sum of £14,556 million as at 31^st March 2005 and details of expenditure carried forward to the current year.

A report by the Head of Financial Services was submitted (a copy of which is appended in the Minute Book) which contained details of the outturn of revenue expenditure 2004/05 and the variations between the original and revised budget provision for that year.

Having emphasised the need for managers to be realistic in the phasing of schemes during reviews of the MTP and within budget monitoring, the Cabinet

RESOLVED

  that the level of net outturn expenditure in the sum of £14,556 million   as at 31^st March 2005 and together with the carry forward of £292,000   to the current year be noted.