Issue - meetings
2017/18 Financial Outturn and Statement of Accounts
Meeting: 16/07/2018 - Cabinet (Item 9)
9 2017/18 Financial Outturn and Statement of Accounts 
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This report sets out the current forecasts of income and expenditure against the revenue and capital budgets for 2017/18
Additional documents:
Decision:
RESOLVED:-
9.1 Cabinet noted the overall financial outturn as set up in the report and accompanying appendix.
Minutes:
Councillor Margaret McLennan, Deputy Leader of the Council, introduced the report setting out the current forecasts of income and expenditure against the revenue and capital budgets for 2017/18.
Councillor McLennan stated that the council’s revenue outturn was within the budget set for 2017/18. There were overspends in some directorates, offset by underspends in other departments. This outturn shows that the effort being put into budget setting and review, and good financial management is working, and the council finished 2017/18 with in a robust financial position.
RESOLVED that Cabinet noted the overall financial outturn as set up in the report and accompanying appendix.