Decision details

Financial Performance Quarter 1 2012-13

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To provide information on the forecast full year financial position of the Council as at 30 June 2012.

Decision:

That:

 

1)     the virements detailed in Table 3 at Section 1 of the appendix be approved; and

 

2)     the sum as shown in Section 2 of the Capital Budget be carried over to 2013/14.

Reasons for the decision:

To provide timely information to Members on the overall finances of the Council and to make the best use of resources available.

Alternative options considered:

1)     To note the report and approve the virements highlighted in the appendix as detailed within table 3 at section 1 and the virement as highlighted at section 2.

 

2)     To note the report and not approve the virements highlighted in the appendix as detailed within table 3 at section 1 and the virement at as highlighted at section 2.

 

 

Report author: Mark Finch

Publication date: 06/09/2012

Date of decision: 04/09/2012

Decided at meeting: 04/09/2012 - Cabinet

Effective from: 14/09/2012

Accompanying Documents: