Issue - meetings
Revenue and Capital Budget Monitoring, Cash Limits and Virements - April 2011 to December 2011
Meeting: 08/02/2012 - Cabinet (Item 154)
This report presents the financial monitoring information for the Authority as a whole for the financial year 2011/12 to the end of December 2011
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Additional documents:
- Appx 1 Commentary, item 154
PDF 98 KB
- Appx 2 Revenue Monitoring Summary, item 154
PDF 30 KB
- Appx 3 Capital Monitoring Statement All Council Spending, item 154
PDF 16 KB
- Appx 4 (i) Revenue Virements, item 154
PDF 26 KB
- Appx 4(ii) Revenue Budgets, item 154
PDF 24 KB
- Appx 5(i) Capital Virements, item 154
PDF 22 KB
- Appx 5(ii) Capital Programme by Portfolio, item 154
PDF 29 KB
Minutes:
Councillor David Bellotti, in proposing the item, said that most budgets had underspent in the financial year, and the one overspent service (transportation) had extenuating circumstances. He was pleased with the progress made by Strategic Directors to keep spending under control.
Councillor Paul Crossley seconded the proposal.
On a motion from Councillor David Bellotti, seconded by Councillor Paul Crossley, it was
RESOLVED (unanimously)
(1) To ASK Strategic Directors to continue to work with Portfolio Holders towards managing within budgets 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 as shown in the report;
(3) To NOTE the capital expenditure position for the Council in the financial year to the end of December, and the year-end projections detailed in the report;
(4) To AGREE the revenue virements listed for approval in the report; and
(5) To NOTE the changes in the capital programme listed in the report.
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