Issue - meetings

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.