Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
To report on the most recent monitoring
position for the current capital budget.
The Cabinet noted that spending on the
approved budget amounted to approximately £16m.
The Cabinet noted the proposed use of capital resources available
to fund the programme, as referred to in table 2 of the
report.
The Cabinet recommended to Council that the proposed amendments to
the authority's treasury guidance as set out in section 10 of the
report be approved.
Cabinet has the responsibility to ensure
effective budgetary control to contain expenditure within the
approved limits set by Council.The Council has adopted the Treasury
Management Code of Practice, which stresses the need to maintain
best practice in treasury matters. The recommended revisions
respond to the changing environment in which the Council
operates.
Publication date: 28/09/2004
Date of decision: 28/09/2004
Decided at meeting: 28/09/2004 - Cabinet
Effective from: 07/10/2004
Accompanying Documents: