Agenda item

13.1

The Executive Director, Resources submitted a report providing the month 7 monitoring statement on the City Council’s Revenue and Capital Budget for 2013/14.

13.2

RESOLVED: That Cabinet:-

(a)

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

(b)

will give consideration to the use of the Public Health underspend, highlighted in paragraph 7 of the report, to either support the current budget pressures or be carried forward to support the 2014/15 budget;

(c)

in relation to the Capital Programme, approves:-

(a)

the proposed additions to the Capital Programme, listed in Appendix 1 of the report, 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 stage approval by Capital Programme Group;

(b)

the proposed variations and slippage in Appendix 1 of the report;

(c)

the acceptance of the grants in Appendix 2 of the report and notes the conditions and obligations attached to them and notes;

(d)

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

13.3

Reasons for Decision

13.3.1

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.

13.4

Alternatives Considered and Rejected

13.4.1

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.

13.5

Any Interest Declared or Dispensation Granted

None

13.6

Reason for Exemption if Public/Press Excluded During Consideration

None

13.7

Respective Director Responsible for Implementation

Laraine Manley, Executive Director, Resources

13.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

Overview and Scrutiny Management Committee

13.1

The Executive Director, Resources submitted a report providing the month 7 monitoring statement on the City Council’s Revenue and Capital Budget for 2013/14.

13.2

RESOLVED: That Cabinet:-

(a)

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

(b)

will give consideration to the use of the Public Health underspend, highlighted in paragraph 7 of the report, to either support the current budget pressures or be carried forward to support the 2014/15 budget;

(c)

in relation to the Capital Programme, approves:-

(a)

the proposed additions to the Capital Programme, listed in Appendix 1 of the report, 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 stage approval by Capital Programme Group;

(b)

the proposed variations and slippage in Appendix 1 of the report;

(c)

the acceptance of the grants in Appendix 2 of the report and notes the conditions and obligations attached to them and notes;

(d)

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

13.3

Reasons for Decision

13.3.1

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.

13.4

Alternatives Considered and Rejected

13.4.1

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.