Agenda item

The Area Council Manager presented a report providing an updated financial position for all Dearne Area Council spending and outlined the unallocated amounts.  At the end of the 2015/16 financial year the Area Council had spent £262,257 of its £255,438 allocation, leaving a deficit of £6,819.  This figure was offset against £27,483, the year end income from fixed penalty notices, leaving £20,664 to carry forward into the 2016/17 budget.

The Area Council has an allocation of £200,000 to spend in 2016/17 and to date has spent and earmarked £122,846 on previously agreed projects/services.  This, plus the income of £1,525 from parking fixed penalty notices leaves an unspent allocation of £99,343 to spend for the financial year 2016/17.

RESOLVED that the updated financial position for the Dearne Area Council and the unallocated amount remaining for 2016/17, as detailed in Appendix 1 to the report now submitted, be noted.