Decision details

Received a report detailing the Council’s revenue and capital position from the beginning of April to the end of November 2005, and details of the action being taken by Chief Officers to ensure a balanced position by the year end.

Agreed, as a matter of good financial practice, to:

(i)  Note the current position of the Council’s revenue and capital budget;

(ii)  Note the action being taken by Chief Officers to ensure a balanced position by the year end;

(iii)  The one-off (budget transfer) virement of £273,000 from interest on balances for unavoidable one-off costs in the Leisure and Community Services Division as detailed in the report;

(iv)  Note the position and projected out-turn for the Housing Revenue Account; and

(v)  The reprofiling of capital programme schemes as identified in Appendix E to the report.