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ITEM CC8 - ANNEX 5

COUNTY COUNCIL – 10 FEBRUARY 2004

REVENUE BUDGET AND CAPITAL PROGRAMME

CURRENT VIREMENT ARRANGEMENTS

as approved by Council, 11 February 2003

Introduction

  1. Under the Constitution the Council is required to specify the extent of virement within the approved budget which may be undertaken by the Executive. Any other changes to the budget are reserved to the Council, other than any changes necessary to ensure compliance with the law, ministerial direction or government guidance.

  2. Virement for these purposes is taken to include not only the transfer of budget provision within or between budget heads (ie the expenditure heads specified in the budget as approved by Council) but also the transfer of funds from balances (or contingency provision, if such exists) by way of a supplementary estimate.

    3. Virements Requiring Council Approval

  3. The approval of Council is required for any permanent virement which:

    • would significantly affect the current configuration of services;

    • would imply a commitment in future years beyond any agreed allocations;

    • involves a transfer of funds between capital and revenue budgets; or

    • is otherwise the subject of a requirement to that effect notified by the Head of Service to the Leader of the Council.

  1. These provisions are subject to annual review as part of the budget setting process.

    2. Virements for which the Executive is Responsible

  2. For virements which under these arrangements remain within the province of the Executive, the relevant service Director and the Head of Service (or his nominated officer) are empowered to effect individual virements up to a limit of £0.25m, subject to the agreement of the relevant Executive Member(s) in each case.

  3. Any proposed virement above the specified limit, or about which the relevant Executive Members have concerns, must be referred to the Executive for approval.

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