Agenda item

9.1

RESOLVED: That Cabinet:-

9.2

(a)

Notes the updated information and management actions provided by this report on the 2012/13 budget position.

9.3

(b)

Approves the carry-forward requests as detailed in paragraph 10 within the Children Young People and Families section.

9.4

(c)

In relation to the Capital Programme:

(i)

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 Delegated Officer, as appropriate, to award the necessary contracts following stage approval by Capital Programme Group;

(ii)

the proposed variations in Appendix 1; and note

(iii)

that there were no variations approved by Directors under their delegated authority;

(iv)

the Emergency Approvals in Appendix 1.

(v)

the latest position on the Capital Programme

9.5

Reasons for the Decision

9.5.1

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.

9.6

Alternatives Considered and Rejected

9.6.1

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.