Key information
Reference code: DMPCD 2015 67
Date signed:
Decision by: Stephen Greenhalgh, Deputy Mayor for Policing and Crime
Executive summary
This paper summarises the 2014/15 provisional financial outturn. Against a net revenue expenditure budget of £2,448m, MOPAC has spent £2,426m reduced expenditure of £22m, (0.9%). Capital expenditure of £199m was invested in MOPAC assets in 2014/15, against the revised budget of £227m, reduced investment of £28m, (12%). DMPC is asked to approve transfers to and from reserves. The final outturn position will be subject to external audit.
Recommendation
The DMPC is asked to
1. Note the provisional financial outturn for both capital and revenue,
2. Note the overall achievement of the net savings target, and
3. Approve the reserve transfers as set out in paragraph 2.3
Non-confidential facts and advice to the Deputy Mayor for Policing and Crime (DMPC)
Please refer to PDF below for details.
Signed decision document
DMPCD 2015 67.pdf