Issue - meetings

1.  That the provisional outturn figures for revenue and capital for 2009/10 be noted.

2.  That £0.38 million of balances be set aside as a contingency against future activity relating to the Kent International Gateway.

3.  That the £1.77 million available from the refund from HM Revenue and Customs be set aside for the funding of future priorities.

4.  That the provisional funding of capital expenditure in 2009/10 be agreed.

5.  That the carry forward of revenue resources of £1.3 million for the financing of future capital expenditure be agreed.

6.  That the carry forward requests, as set out in Appendix C to the report of the Head of Finance, be agreed, subject to the following amendments:

  a)  Reduce the two tier working resources to £25,000;

  b)  Retain the resulting reduction of £25,000 from two tier working resources in balances;

  c)  Delete the carry forward request for concessionary fares; and

  d)  Carry forward the balance of unused resources from 2009/10 to support the capital programme in 2010/11.

7.  That the impact on the balance sheet of the provisional outturn 2009/10 be noted.

DECISION MADE:

1.  That the provisional outturn figures for revenue and capital for 2009/10 be noted.

2.  That £0.38 million of balances be set aside as a contingency against future activity relating to the Kent International Gateway.

3.  That the £1.77 million available from the refund from HM Revenue and Customs be set aside for the funding of future priorities.

4.  That the provisional funding of capital expenditure in 2009/10 be agreed.

5.  That the carry forward of revenue resources of £1.3 million for the financing of future capital expenditure be agreed.

6.  That the carry forward requests, as set out in Appendix C to the report of the Head of Finance, be agreed, subject to the following amendments:

  a)  Reduce the two tier working resources to £25,000;

  b)  Retain the resulting reduction of £25,000 from two tier working resources in balances;

  c)  Delete the carry forward request for concessionary fares; and

  d)  Carry forward the balance of unused resources from 2009/10 to support the capital programme in 2010/11.

7.  That the impact on the balance sheet of the provisional outturn 2009/10 be noted.