Agenda item

Joint report of the Chamberlain and the Director of Markets and Consumer Protection.

Members received a joint report from The Chamberlain and the Director of Markets and Consumer Protection which compared the revenue outturn for the services overseen by the Committee in 2016/17 with the final budget for the year. Members noted that the overall total net expenditure during the year was £25,000 whereas the total budget was £88,000. This represented an underspending of £63,000.

Members were shown a ‘Summary Comparison of the 2016/17 Revenue Outturn with the Final Budget’. It was noted that the underspend was largely due to additional income from an increase in the volume of licence applications. A local risk underspend on Late Night Levy related costs was fully offset by a reduction in Late Night Levy income.

In response to a question as to why any underspend had not been carried forward, Members were informed that underspend could be carried forward for all our locally set fee types, however, this does not include premises fees which are currently set nationally, or costs which we are unable to recover. Members asked that a note be included in future reports providing a clear outline of which costs are recovered. 

RESOLVED – That, Members note the report and the proposed carry forward of underspendings to 2017/18.