Decision details

Revenue Budget and Capital Programme Monitoring 2017/18 Month 3 as at 30/6/17

Decision Maker: Co-operative Executive

Decision status: For Determination

Is Key decision?: Yes

Purpose:

This report provides the Month 3 monitoring statement on the City Council’s Revenue Budget and Capital Programme for 2017/18.

Decision:

11.1

The Executive Director, Resources submitted a report providing the Quarter 1 monitoring statement on the City Council’s Revenue Budget and Capital Programme 2017/18.

 

 

11.2

RESOLVED: That Cabinet:-

 

 

 

(a)

notes the updated information and management actions provided by this report on the 2017/18 Revenue Budget position; and

 

 

 

 

(b)

approves the request for revenue funding in Appendix 7 of the report.

 

 

 

11.3

Reasons for Decision

 

 

To record formally changes to the Revenue Budget and the Capital Programme and gain Member approval for changes in line with Financial Regulations and to reset the Capital Programme in line with latest information.

 

 

11.4

Alternatives Considered and Rejected

 

 

A number of alternative courses of action are considered as part of the process undertaken by Officers before decisions are recommended to Members. The recommendations made to Members represent what Officers believe to be the best options available to the Council, in line with Council priorities, given the constraints on funding and the use to which funding is put within the Revenue Budget and the Capital Programme.

 

 

11.5

Any Interest Declared or Dispensation Granted

 

 

 

None

 

 

11.6

Reason for Exemption if Public/Press Excluded During Consideration

 

 

 

None

 

 

11.7

Respective Director Responsible for Implementation

 

 

 

Eugene Walker, Executive Director, Resources.

 

 

11.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

 

 

 

Overview and Scrutiny Management Committee.

 

Report author: Mike Thomas

Publication date: 26/09/2017

Date of decision: 20/09/2017

Decided at meeting: 20/09/2017 - Co-operative Executive

Effective from: 03/10/2017

Accompanying Documents: