Decision details

12.1

The Executive Director, Resources submitted a report providing the month 6 monitoring statement on the City Council’s Revenue and Capital Budget for 2013/14.

12.2

RESOLVED: That Cabinet:-

(a)

notes the updated information and management actions provided by this report on the 2013/14 Revenue budget position;

(b)

in relation to the Capital Programme:-

(i)

approves the proposed additions to the Capital Programme, listed in Appendix 1, including the procurement strategies and delegations of authority to the Director of Commercial Services or his nominated officer, as appropriate, to award the necessary contracts following the stage approval by Capital Programme Group;

(ii)

the proposed variations and slippage in Appendix 1;

(iii)

the acceptance of the grants in Appendix 2 and to note the condition and obligations attached to them; and

(c)

the latest position on the Capital Programme and the additions and variations approved under delegated authorities.

12.3

Reasons for Decision

12.3.1

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.

12.4

Alternatives Considered and Rejected

12.4.1

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 Capital Programme.

12.5

Any Interest Declared or Dispensation Granted

None

12.6

Reason for Exemption if Public/Press Excluded During Consideration

None

12.7

Respective Director Responsible for Implementation

Laraine Manley, Executive Director, Resources

12.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

Overview and Scrutiny