(a)   That it be noted that the outturn for the Revenue Budget for 2013/14 was an underspend of £0.390m, this represented 0.06% of the original gross budget of £639m.

(b)  That it be noted that the level of general balance stood at £14.497m, which was above the anticipated level included within the Financial Strategy.

(c)  That it be noted that the level of school balances stood at £5.855m (2012/13 £4.953m).

(d)  That it be noted that the Outturn for the Housing Revenue Account for 2013/14 was an underspend of £1.426m and the level of the Housing Revenue Account reserve stood at £2.542m (2012/13 £1.041m).