Location: Shimkent Room, Daneshill House
Present: Members: Councillors S. Taylor (Chair), M.P. Patston (Vice-Chair), L. Knight, M. Notley and D. Royall, CC.
Others:
Duration:
6.00pm
6.30pm
Status: Noted
Business:
Decision: Apologies for absence were received from Councillor Brian Hall, Leader of the Council.
Status: Noted
Business: The terms of reference of the Committee, as agreed by Council on 30th June 2004, were detailed in the order of business.
Decision: It was RESOLVED that the terms of reference of the Committee be noted.
Status: Agreed
Business: The Acting Assistant Chief Executive (Finance) introduced the circulated report that detailed the 2003/04 Statement of Accounts and also sought approval of certain financing determinations required under the Local Government and Housing Act 1989.
The Committee asked questions of officers on the Statement of Accounts. From Members questions it became apparent that the section
Decision: It was RESOLVED:
1. That subject to the updating of the "General Information" section at page 4 of the document, the 2003/04 Statement of Accounts be approved.
2. That usable capital receipts of £15.512m be applied to meet expenditure for capital purposes in 2003/04.
3. That 2003/04 underspends in the sum of £834,000 (General Fund) and £450,000 (HRA) be carried forward into 2004/05.
4. That the minimum level of HRA Revenue Balances be increased to £500,000 for 2004/05.
Status: Noted
Business: NONE
Decision:
Status: Noted
Business: Not Required
Decision:
Status: Noted
Business: NONE
Decision:
Status: Noted
Business: It was noted that the Minutes of this meeting would be submitted to Council for approval as the Committee was not scheduled to meet again.
Decision: