Decision details
Revenue & Capital Budget Monitoring, Cash Limits and Virements – April to September 2014
PDF 35 KBDecision Maker: Cabinet
Decision status: Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This report presents the second monitoring information for the Authority as a whole for the financial year 2014/15 to the end of September 2014. The report also includes a number of budget transfer requests for both revenue and capital
Decision:
(1) To ASK Strategic Directors should continue to work towards managing within budget in the current year for their respective service areas, and to manage below budget where possible by not committing unnecessary expenditure, through tight budgetary control;
(2) To NOTE this year’s revenue budget position;
(3) To NOTE the capital expenditure position for the Council in the financial year to the end of September and the year end projections;
(4) To AGREE the revenue virements listed for approval; and
(5) To NOTE the changes in the capital programme.
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
Report author: Jamie Whittard
Publication date: 13/11/2014
Date of decision: 12/11/2014
Decided at meeting: 12/11/2014 - Cabinet
Effective from: 21/11/2014
Accompanying Documents: