Issue - decisions

2007/08 City Strategy Finance and Performance report - Monitor 2

Advice of the Advisory Panel

That the Executive Member be advised to :

a) Note the financial and performance position of the portfolio;

b) Recommend to the Executive to release a contingency sum of £200k to support pressure on Concessionary Fares budget;

c) Approve the virement of £198k within Engineering Consultancy income and expenditure as detailed in paragraph 20 of the report.

Decision of the Executive Member

RESOLVED :That the advice of the Advisory Panel be accepted and endorsed.

REASON : In accordance with budgetary and performance monitoring procedures.