Issue - meetings

Cabinet Member: Finance & Property

Forward Plan Ref: 2011/141

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

Report by Assistant Chief Executive & Chief Finance Officer (CA6).

This report focuses on the delivery of the Directorate Business Strategies which were agreed as part of the Service and Resource Planning Process for 2011/12 – 2015/16.  These form part of the forecast position for each Directorate.  Parts 1 and 2 include projections for revenue, reserves and balances as at the end of October 2011.  The Capital monitoring is included at Part 3. 

Cabinet is RECOMMENDED to:

(a)              note the report and approve the virements as set out in Annex 2a and agree the return to balances as set out in Annex 2e;

(b)              Agree the Children’s Act loan write off as set out in paragraph 44;

(c)               Agree the creation of the Children, Education and Families reserves as set out in paragraphs 50 to 52;

(d)              Approve the change to the Capital Programme as set out in annex 9c.

Cabinet considered a report which focussed on the delivery of the Directorate Business Strategies agreed as part of the service and resources planning process for 2011/12-2015/16 and which formed part of the forecast position for each Directorate.

RESOLVED: to

(a)               note the report and approve the virements as set out in Annex 2a to the report CA6 and agree the return to balances as set out in Annex 2e to CA6;

(b)               agree the Children’s Act loan write off as set out in paragraph 44 of the report CA6;

(c)               agree the creation of the Children, Education and Families reserves as set out in paragraphs 50 to 52 of the report CA6;

(d)               approve the change to the Capital Programme as set out in Annex 9c of the report CA6.