Decision details

Revenue Budget Monitoring 2013/14 Report 1 (end of June 2013)

Decision Maker: Executive Cabinet

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

1.  That Council should approve the use of ?143,000 of the Town Centre Reserve for revenue financing of the capital scheme for resurfacing of three Town Centre car parks.

2.  That Council should approve the use of the ?40,000 one-off Minimum Revenue Provision saving, relating to Regeneration Projects in the 2013/14 Capital Programme, to finance revenue costs relating to the projects including the cost of business rates for 98-102 Market Street outlined in paragraph 21.

3.  That Council should approve the use of the one-off ?35,950 Minimum Revenue Provision saving, arising from the rephasing of capital expenditure from 2012/13, for the reduction of debt as detailed in paragraph 28.

Decision:

1.  Recommendation to Council supported. 

2.  Recommendation to Council supported. 

3.  Recommendation to Council supported. 

Report author: David Bond

Publication date: 16/08/2013

Date of decision: 15/08/2013

Decided at meeting: 15/08/2013 - Executive Cabinet

Accompanying Documents: