Issue - meetings

Appended to the agenda is a schedule of requests for virements and permanent budget adjustments.  Some of these have been approved under delegated authority by the Strategic Director; others require the Executive’s approval. 

Recommendation

that the virements and permanent budget adjustments set out in the agenda report be approved. 

(Time: 2.40pm to 2.47pm)

The Executive received and considered an agenda report setting out requests for virements and permanent budget adjustments.  Some of these had been approved by the Strategic Director; others required the Executive’s approval. 

Although Members raised questions on several items, the Executive was content with the answers and approved all of the requests. 

It was noted that one virement request related to £50k of Government grant that had been expected for 2008/09 for waste performance efficiency.  However, this had not been received as expected but was included in the Council’s overall Revenue Support Grant, which itself had not been increased.  Members expressed disappointment that this grant had not been paid as expected.  It was noted that the funds had already been committed, giving rise for the need for a virement from Contingency. 

RESOLVED

that the virements and permanent budget adjustments set out in the agenda report be approved.