Decision - Revenue & Capital Budget Monitoring 2018/19 Report 3
Decision details
Revenue & Capital Budget Monitoring 2018/19 Report 3
Decision Maker: Executive Cabinet
Decision status: Recommmend Forward to Council
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
1. Note the full year forecast position for the 2018/19 revenue budget and capital investment programme.
2. Note the forecast position on the Council's reserves.
3. Request Council approval for the contribution of £100,000 from in-year revenue underspends to finance the next phase of CCTV infrastructure in the capital programme.
4. Request Council approval for the contribution of £60,000 from in-year revenue underspends to the Income Generation Reserve.
5. Request Council approval for the contribution of £210,000 from in-year revenue underspends to create a Council Tax Costs Bad Debt Provision.
6. Request Executive Cabinet approval for the contribution of £40,000 from in-year revenue underspends to the Market Walk income equalisation reserve.
7. Request Council note the capital programme to be delivered in 2018/19 to 2020/21.
8. Request Council approve the budget changes to the capital programme outlined in paragraph 50.
Report author: James Thomson
Publication date: 15/02/2019
Date of decision: 14/02/2019
Decided at meeting: 14/02/2019 - Executive Cabinet
Effective from: 22/02/2019
Accompanying Documents: