Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To consider the month end budget report and make any recommendations as appropriate
Cabinet is asked to note the following.
1. Services forecast the 2015/16 revenue budget to overspend by +£1.7m (Annex1, paragraph 1).
2. Services forecast efficiencies and service reductions for 2015/16 at £67.4m (Annex1, paragraph 24).
3. Total forecast capital expenditure, including long term investments is £196.2m (Annex1, paragraph 31).
4. The quarter end positions for: balance sheet, earmarked reserves, debt and treasury management (Annex1, paragraphs 10 to 26).
Cabinet is asked to approve the following.
5. A new proposal to charge third parties for the use of the council’s intellectual property which runs the on-line Careers Education Information and Guidance, a web based advice and guidance service for young people (Annex1, paragraph 14).
Reasons for Decisions:
This report is presented to comply with the agreed policy of providing a monthly budget monitoring report to Cabinet for approval and action as necessary.
[The decisions on this item can be called in by the Council Overview Board]
Report author: Kevin Kilburn
Publication date: 29/07/2015
Date of decision: 29/07/2015
Decided at meeting: 29/07/2015 - Cabinet
Effective from: 07/08/2015
Accompanying Documents: