Issue - meetings

The Cabinet considered a report on the proposed virement of capital funding allocated in the budget to general Strategic Housing budgets to specific affordable housing schemes.

RECOMMENDED:

(a)       that the virement of budgets within the Council’s approved Strategic Housing Capital Programme as set out in Appendix 1 to the report be approved;

(b)       that delegated authority be granted to the Head of Planning and Environment and Head of Financial Services in agreement with the Portfolio Holder for Strategic Housing to allocate the remaining funds in the approved 2007/08 Housing Capital Programme to specific schemes.