Agenda item

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.

8.3

Reasons for Decision

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

8.5

Any Interest Declared or Dispensation Granted

None

8.6

Reason for Exemption if Public/Press Excluded During Consideration

None

8.7

Respective Director Responsible for Implementation

Laraine Manley, Executive Director, Resources.

8.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

Overview and Scrutiny Management Committee.

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.

8.3

Reasons for Decision

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

8.5

Any Interest Declared or Dispensation Granted

None

8.6

Reason for Exemption if Public/Press Excluded During Consideration

None

8.7

Respective Director Responsible for Implementation

Laraine Manley, Executive Director, Resources.

8.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

Overview and Scrutiny Management Committee.