Decision details
Revenue & Capital Budget Monitoring, Cash Limits and Virements – April to July 2016
Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This report presents the first monitoring information for the Authority as a whole for the financial year 2016/17 to the end of July 2016. The report also includes a number of budget transfer requests for both revenue and capital.
Decision:
RESOLVED (unanimously) the Cabinet agreed that:
1) Strategic Directors should continue to work towards managing within budget in the current year for their respective service areas and develop an action plan of how this will be achieved, including not committing any unnecessary expenditure and stringent budgetary control;
2) This year’s revenue budget position is noted;
3) The capital expenditure position for the Council in the financial year to the end of July and the year end projections are noted;
4) The revenue virements listed for approval are agreed;
5) The changes in the capital programme are noted.
Reasons for the decision:
The report is presented as part of the reporting of financial management and budgetary control required by the Council.
Alternative options considered:
None.
Publication date: 07/09/2016
Date of decision: 07/09/2016
Decided at meeting: 07/09/2016 - Cabinet
Effective from: 15/09/2016
Accompanying Documents:
- E2871 Decision - Revenue & Capital Budget Monitoring, Cash Limits and Virements – April to July 2016 PDF 119 KB
- E2871 Budget Monitoring report PDF 76 KB
- Appendix 1 PDF 47 KB
- Appendix 2 - Revenue Monitoring Summary PDF 58 KB
- Appendix 3 PDF 57 KB
- Appendix 4 (i) PDF 41 KB
- Appendix 4 (ii) PDF 22 KB
- Appendix 5(i) Capital Virements PDF 29 KB
- Appendix 5(ii) Capital Programme by Portfolio 201617 PDF 25 KB