Report of the Executive Director, Resources.
Decision:
8.1 |
The Executive Director, Resources submitted a report which provided the Month 8 Monitoring Statement on the City Council’s Revenue and Capital Budget for 2012/13. |
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8.2 |
RESOLVED: That Cabinet:- |
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(a) |
notes the updated information and management actions provided by this report on the 2012/13 budget position; |
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(b) |
notes but does not approve the carry forward requests detailed in Appendix 1; |
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(c) |
in relation to the Capital Programme:- |
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(i) |
notes the proposed additions to the capital programme listed in Appendix 2, including the procurement strategies and delegations of authority to the Director of Commercial Services or Delegated Officer, as appropriate, to award the necessary contracts following stage approval by Capital Programme Group; |
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(ii) |
notes the proposed variations and slippage in Appendix 2 and the EMT approved variations; |
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(iii) |
approves the variations in Appendix 2 which are within its delegated authority; |
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(iv) |
delegates to the Cabinet Members for Finance and Resources and Culture, Sport and Leisure authority to approve the additional works for the Manor Toddler Play scheme, and |
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(v) |
notes the latest position on the Capital Programme. |
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8.3 |
Reasons for Decision |
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8.3.1 |
To formally record 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. |
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8.4 |
Alternatives Considered and Rejected |
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8.4.1 |
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 |
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8.5 |
Any Interest Declared or Dispensation Granted |
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None |
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8.6 |
Reason for Exemption if Public/Press Excluded During Consideration |
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None |
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8.7 |
Respective Director Responsible for Implementation |
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Laraine Manley, Executive Director, Resources. |
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8.8 |
Relevant Scrutiny and Policy Development Committee If Decision Called In |
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Overview and Scrutiny Management Committee. |
Minutes:
8.1 |
The Executive Director, Resources submitted a report which provided the Month 8 Monitoring Statement on the City Council’s Revenue and Capital Budget for 2012/13. |
||
|
|
||
8.2 |
RESOLVED: That Cabinet:- |
||
|
|
||
|
(a) |
notes the updated information and management actions provided by this report on the 2012/13 budget position; |
|
|
|
|
|
|
(b) |
notes but does not approve the carry forward requests detailed in Appendix 1; |
|
|
|
|
|
|
(c) |
in relation to the Capital Programme:- |
|
|
|
|
|
|
|
(i) |
notes the proposed additions to the capital programme listed in Appendix 2, including the procurement strategies and delegations of authority to the Director of Commercial Services or Delegated Officer, as appropriate, to award the necessary contracts following stage approval by Capital Programme Group; |
|
|
|
|
|
|
(ii) |
notes the proposed variations and slippage in Appendix 2 and the EMT approved variations; |
|
|
|
|
|
|
(iii) |
approves the variations in Appendix 2 which are within its delegated authority; |
|
|
|
|
|
|
(iv) |
delegates to the Cabinet Members for Finance and Resources and Culture, Sport and Leisure authority to approve the additional works for the Manor Toddler Play scheme, and |
|
|
|
|
|
|
(v) |
notes the latest position on the Capital Programme. |
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|
|
|
8.3 |
Reasons for Decision |
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||
8.3.1 |
To formally record 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. |
||
|
|
||
8.4 |
Alternatives Considered and Rejected |
||
|
|
||
8.4.1 |
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 |
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8.5 |
Any Interest Declared or Dispensation Granted |
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None |
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8.6 |
Reason for Exemption if Public/Press Excluded During Consideration |
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None |
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8.7 |
Respective Director Responsible for Implementation |
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Laraine Manley, Executive Director, Resources. |
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8.8 |
Relevant Scrutiny and Policy Development Committee If Decision Called In |
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Overview and Scrutiny Management Committee. |
Supporting documents: