Decision details

RESOLVED:(i) That the performance issues identified in the report be noted;

(ii)               That the applications for supplementary estimate requests of £200k be granted to City Strategy to deal with shortfalls in planning and land charge income,  to be funded from the contingency fund, but that consideration of the request in respect of concessionary fares be deferred until central government has responded to the Council’s representations for an increase in grant entitlement to offset the additional costs;

(iii)             That the virements over £250k, set out in paragraph 57 of the report, be approved;

(iv)              That the transfer between general fund and the traded activities profit from Neighbourhood Services of £152k, as set out in paragraph 58 of the report, be approved;

(v)                That the applications for supplementary estimate requests of £480.5k to be funded from general fund reserves, as set out in paragraph 60 of the report, be approved;

(vi)              That the transfer of the additional Local Area Business Growth Incentive (LABGI) grant (£537k) straight to general reserves (as set out in paragraph 54 of the report) be authorised, with the exception of £20k to be earmarked for erecting the Christmas 2007 lighting scheme;

(vii)            That departments be instructed to continue to look for savings within their own budgets rather than request supplementary estimates for additional expenditure pressures;

(viii)          That the action currently being taken by departments to manage the overspend identified be endorsed.

REASON:(i) So that corrective action on these performance issues can be addressed by Directorates and Executive Members & Advisory Panels (EMAPs);

(ii)               In accordance with the Executive’s constitutional powers to make decisions on the level and granting of supplementary estimates;

(iii)             In accordance with the Executive’s constitutional powers to make decisions on virements over £250k;

(iv)              The virement request is within the budget areas where the Executive is the responsible body;

(v)                In accordance with the Executive’s constitutional powers to make decisions on the level and granting of supplementary estimates;

(vi)              The additional income is within the budget areas where the Executive is the responsible body;

(vii)            To ensure that all practicable action is taken in departments prior to seeking additional funding from the Executive;

(viii)          To enable the Executive to continue to monitor the budget.