Issue - meetings

Cabinet Member: Leader

Forward Plan Ref: 2012/106

Contact: Kathy Wilcox, Principal Financial Manager Tel: (01865) 323981

Report by Assistant Chief Executive & Chief Finance Officer (CA 6).

This report focuses on the delivery of the Directorate Business Strategies which were agreed as part of the Service and Resource Planning Process for 2012/13 – 2016/17.  Parts 1 and 2 include projections for revenue, reserves and balances as at the end of October 2012.   The Capital monitoring is included at Part 3.

The Cabinet is RECOMMENDED to:

(a)       note the report;

(b)       approve the use of £0.100m revenue funding towards the capital project at the Littlemore Early Intervention Hub as set out in paragraph 8;

(c)       approve the virement requests over £0.250m set out in Annex 2a;

(d)       agree the creation of new reserves as set out in paragraph 43 and 47 and the proposed changes to reserves set out in paragraph 45 and 46;

(e)       note the Treasury Management lending list at Annex 7;

Cabinet considered a report that focused on the delivery of the Directorate Business Strategies which were agreed as part of the Service and Resource Planning Process for 2012/13 – 2016/17.  Parts 1 and 2 included projections for revenue, reserves and balances as at the end of October 2012.   The Capital monitoring was included at Part 3.

The Leader in introducing the report commended the funding of the work to Littlemore Early Intervention Hub; the additional room created would make a difference.

RESOLVED:                        to:

(a)       note the report;

(b)       approve the use of £0.100m revenue funding towards the capital project at the Littlemore Early Intervention Hub as set out in paragraph 8;

(c)        approve the virement requests over £0.250m set out in Annex 2a;

(d)       agree the creation of new reserves as set out in paragraph 43 and 47 and the proposed changes to reserves set out in paragraph 45 and 46; and

(e)       note the Treasury Management lending list at Annex 7;