Issue - meetings

Received a report providing an update on the Council’s 2005/06 revenue and capital position as at the end of February 2006, together with a proposal to support improvement to Children’s Services to ensure key targets are met in relation to young people.

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

(i)  Note the current position of the Council’s revenue and capital budget as at 28 February 2006;

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

(iii)  A permanent budget transfer from corporate contingencies of £247,000 for three years commencing in 2006/07, to support improvement to Children’s Services to ensure key targets are met in relation to young people.