Issue - meetings

Members considered a report on the Council’s financial position for the period April to December 2011 (Quarter 3 2011/12).

It was reported that there was a projected year end underspend in the revenue budget following actions taken by officers to restrict expenditure to items deemed critical for the provision of services.

Reference was also made to the proposed amendment to the 2012/13 Capital Programme to reflect the carry forward of £659,000 in respect of schemes within the 2011/12 Capital Programme.  

Following discussion it was

RECOMMENDED:

(a)       that the increase to the 2012/13 Capital Programme of £659,000 in respect of the schemes carried forward from the 2011/12 Capital Programme, as set out in Appendix 3 to the report, be approved; and

(b)       that the increase to the 2012/13 Capital Programme of £12,000 (to be funded from revenue underspend) in respect  of GIS software be approved.   

RESOLVED:

(a)       that the current financial position on Revenue and Capital as detailed in the report be noted;

(b)       that the budget virements between £15,000 and £100,000 as set out in Appendix 2 to the report be approved; and

(c)        that the financial position and movements in relation to the earmarked reserves as set out in Appendix 1 be noted.