Agenda item

Budget Outturn 2012/13

Report of the Executive Director, Resources.

Decision:

9.1

The Executive Director, Resources submitted a report providing the final year-end position on the City Council’s Revenue Budget and Capital Programme for 2012/13, subject to review by the external auditors.

 

 

9.2

RESOLVED: That Cabinet:-

 

 

 

(a)

notes the updated information and management actions provided by the report on the 2012/13 outturn; and

 

 

 

 

(b)

In relation to the Capital Programme:-

 

 

 

 

 

(i)

approves the proposed additions to the capital programme, listed in Appendix 4 of the report, 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)

approves the proposed variations in Appendix 4 of the report;

 

 

 

 

 

 

(iii)

notes the proposed slippage adjustments to the Capital Programme in 2012/13, and delegates to the Cabinet Member for Finance and Resources the authority to approve such adjustments on conclusion of any necessary review; and

 

 

 

 

 

 

(iv)

notes the latest position on the Capital Programme.

 

 

 

 

9.3

Reasons for Decision

 

 

9.3.1

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.

 

 

9.4

Alternatives Considered and Rejected

 

 

9.4.1

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 believed 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.

 

 

9.5

Any Interest Declared or Dispensation Granted

 

 

 

None

 

 

9.6

Reason for Exemption if Public/Press Excluded During Consideration

 

 

 

None

 

 

9.7

Respective Director Responsible for Implementation

 

 

 

Laraine Manley, Executive Director, Resources

 

 

9.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

 

 

 

Overview and Scrutiny

 

Minutes:

9.1

The Executive Director, Resources submitted a report providing the final year-end position on the City Council’s Revenue Budget and Capital Programme for 2012/13, subject to review by the external auditors.

 

 

9.2

RESOLVED: That Cabinet:-

 

 

 

(a)

notes the updated information and management actions provided by the report on the 2012/13 outturn; and

 

 

 

 

(b)

In relation to the Capital Programme:-

 

 

 

 

 

(i)

approves the proposed additions to the capital programme, listed in Appendix 4 of the report, 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)

approves the proposed variations in Appendix 4 of the report;

 

 

 

 

 

 

(iii)

notes the proposed slippage adjustments to the Capital Programme in 2012/13, and delegates to the Cabinet Member for Finance and Resources the authority to approve such adjustments on conclusion of any necessary review; and

 

 

 

 

 

 

(iv)

notes the latest position on the Capital Programme.

 

 

 

 

9.3

Reasons for Decision

 

 

9.3.1

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.

 

 

9.4

Alternatives Considered and Rejected

 

 

9.4.1

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 believed 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.

 

 

9.5

Any Interest Declared or Dispensation Granted

 

 

 

None

 

 

9.6

Reason for Exemption if Public/Press Excluded During Consideration

 

 

 

None

 

 

9.7

Respective Director Responsible for Implementation

 

 

 

Laraine Manley, Executive Director, Resources

 

 

9.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

 

 

 

Overview and Scrutiny

 

Supporting documents: