Financial Performance Quarter 2 2012-13
Meeting: 20/11/2012 - Cabinet (Item 130)
Report of Michael Wassell, Executive Member for Finance and Democratic Services.
The Executive Member for Finance & Democratic Services presented the report which provided information on the forecast full year financial position of the Council as at 30 September 2012.
It was noted that the virement requested from the General Fund was to take account of the cost of the By-Elections in 2012; other than that, this forecast just showed the prudent way the Council dealt with its finances.
To note the report and approve the virements detailed within table 3 of Section 1 of the appendix.
To note the report and not approve the virements detailed within table 3 of Section 1 of the appendix and not recommend to Full Council the funding of the By-Elections from the General Fund.
To provide timely information to Members of the overall finances of the Council and to make the best use of resources available.
RESOLVED that the virements as detailed in Table 3 of Section 1 of the appendix be approved.
RECOMMEND to Council that the sum of £22,010 for the District By-Elections be funded from the General Fund in 2012-13.