Decision details

RESOLVED:             (i)            That the provisional outturn position be noted;

(ii)               That the requests to carry forward funds into 2007/08, totalling £1,519k for General Fund services, detailed in Annex 4 and summarised in paragraph 55 of the report, be approved;

(iii)             That the supplementary estimate in 2006/07 of £135k in relation to the changes in accounting treatment of the costs of capital disposals be agreed, as highlighted in paragraph 36 of the report;

(iv)              That the supplementary estimates in the 2007/08 budget for the Chief Executive’s department for £123k and Neighbourhood Services for £100k be agreed;

(v)                That the request to carry forward £39.3k for the housing revenue account, as detailed in Annex 4 and summarised in paragraph 58 of the report, be approved;

(vi)              That the increase in the Neighbourhood Services Trading Account Reserve by £139k to £439k be approved;

(vii)            That the transfer of the remaining underspend to revenue reserves be approved;

(viii)          That the enhanced priority placed by the Director of Resources on the need to address the issues identified as part of future monitoring rounds be noted;

(ix)That, as detailed in paragraph 79 of the report, the commitment of the Executive to funding the additional resources up to £155m required to make the Waste Private Finance Initiative (PFI) project affordable over the life of the contract be reaffirmed.

REASON:To enable the Executive to set a revised budget in 2007/08 and monitor it effectively.