Financial Performance Quarter 1 2012-13
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To provide information on the forecast full year financial position of the Council as at 30 June 2012.
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