Agenda item

To note the attached report of the Director of Finance, Housing and Community.

The Head of Finance presented the Financial Outturn 2013/14 report to the Committee, advising members that it needed to be considered in conjunction with the Statement of Accounts and the Audit Findings Report.

The report set out an explanation of the outturn and financial standing of the Council, details of changes to the accounts and a condensed version of the information included in the accounts.

In response to a query from Councillor K E Morris the Financial Services Manager clarified that the £300k surplus in the General Fund was due to the Enterprise Zone Relief under the new National Non Domestic Rates arrangements.

RESOLVED:   That the Financial Outturn 2013/14 report be noted.