The authority's capital balance also saw a total underspend of PS1.224m which was linked to the "release of provision set aside in respect of equal pay".
A report adds: "The success of our financial planning and management during the year has resulted in a PS0.5m underspend despite significant cost pressures and a continuation of the reductions in government funding.
"In relation to last year's
underspend, the figure includes disruption to the service caused by the flooding in December 2015, as staff were diverted to restore bridges, roads and drainage systems affected by the flooding.
Mr Brown told The Journal it was his understanding that the
underspend from this year would not be at risk.
However, the NH scheme
underspend is a concern and this will be a part of a wider review undertaken by the TBA National Hunt Committee during 2007."
THE Scottish Executive were accused of "incompetence and mis-management" last night after it emerged that they were heading for a pounds 600million Budget underspend.
Then Finance Minister Angus MacKay promised better housekeeping would ensure a major reduction in the underspend.
She dismissed Plaid criticism over
underspends, saying the need to tackle the problem was the key theme of her budget.
"This is good news to be able to use reserves and
underspends in government priority areas, " she added.
THE NHS will
underspend by a record pounds 1.8bn in 2007/08, it was reported today.
In the new allocation, education gets an extra pounds 15.4 million and health pounds 15.6million on top of their
underspends.
"But it is more important to use the money wisely and ensure that accounting procedures are put in place so that such
underspends do not happen again.
