11 PROVISIONAL OUTTURN 2017/18 PDF 81 KB
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Minutes:
Report FSD17046
Members considered the 2017/18 provisional outturn position for the Renewal and Recreation Portfolio which showed an underspend of £336k for 2017/18.
Consideration was also given to the drawdown of the carry forward sums from 2017/18 held in the Central Contingency, totalling £282k, excluding grant income, as detailed in the report.
Members noted the underspend of £171k relating to a carry forward request from New Home Bonus projects within Renewal, two of which were grant funded and approved by the GLA.
RESOLVED that the Portfolio Holder be recommended to:-
1) endorse the 2017/18 provisional outturn position for the Renewal and Recreation portfolio; and
2) approve the drawdown of the carry forward sums from 2017/18 held in the Central Contingency, totalling £282k, excluding grant income.