| Reference Number :- | 2256 |
| Date :- | 2013/03/01 |
| Decision Maker :- | Cabinet |
| Subject to Call-in :- | No |
| Subject of Decision :- | Corporate Budget Monitoring Report for the Third Quarter of 2012/13 |
| Decision :- | That: (a) The financial position as at the end of December 2012 be noted; (b) The salary budgets be adjusted by £0.335m to reflect the current position with a corresponding transfer to the Fit for Purpose Budget; (c) Given the risk and volatility around the new Local Council Tax Support Scheme and the new business rates retention model, additional information be requested to be included in all future Budget Monitoring reports to enable all Members to monitor the financial impact on an ongoing basis; and (d) In respect of professional fees, which could cover a broad range of expenditure, Officers be requested to investigate how a specific cost of legal advice could be better captured within the Council’s systems, to enable better analysis of the Council’s budget in the future. |
| Reason for Decision :- | Having discussed the information provided in the report, the appendices attached thereto, the suggestion of the Corporate Management Committee and the Cabinet’s previously agreed response. |
| Alternative Options Considered :- | None. |
| Conflicts of Interest Delared (and Dispensations Granted by the Monitoring Officer) :- | None. |
| Contact Officer :- | Corporate Director (Corporate Services) - Martyn Knappett |
| Decision to Take Effect at end of :- | 2013/03/08 |
| Attachments :- | CBM Third Quarter Report (119K/bytes) |