Decision details

Capital Budget Monitoring

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report will review financial monitoring information

Decision:

14/2006 The Cabinet noted:
·Spend and commitments on the approved programme since 1 April 2005 to date amounted to approximately £55 million
·Forecast spend during 2005/2006 as a whole amounted to £90 million
·The virements within the existing programme detailed in paragraph 7.1 of the report.
15/2006 The Cabinet approved the virements listed in paragraph 7.2 of the report to fund the proposed integrated children's service provision at the Redvers Centre and the neighbourhood youth projects.
16/2006 The Cabinet recommended to Council for approval as an addition to the capital programme the overspending on the First Point of Contact Scheme, to be funded from capital receipts.
17/2006 The Cabinet recommended to Council for approval the addition to the capital programme described in section 6 of the report.

Reasons for the decision:

Cabinet has the responsibility to ensure effective budgetary control to contain expenditure within the approved limits set by Council.

Publication date: 31/01/2006

Date of decision: 31/01/2006

Decided at meeting: 31/01/2006 - Cabinet

Effective from: 10/02/2006

Accompanying Documents: