| Reference Number :- | 2651 |
| Date :- | 2016/02/19 |
| Decision Maker :- | Cabinet |
| Subject to Call-in :- | No |
| Subject of Decision :- | Corporate Budget Monitoring Report for the Third Quarter of 2015/16 |
| Decision :- | That (a) the financial position, as at the end of December 2015, was noted; (b) the 2015/16 budget was to be amended to reflect favourable variances emerging in the third quarter as follows: • £0.150m reduction in salary budgets; • £0.100m increase to the planning fee income budgets; and • £0.250m – Contribution to Reserves (being the total of the above transferred to the Austerity Reserve). (c) following the Leader of the Council’s budget speech on 9 February 2016, the Big Society Budget to be increased by £0.160m in 2015/16 funded by a transfer from the Fit for Purpose Budget; and (d) delegated authority to be granted to the Corporate Director (Life Opportunities), in consultation with the Housing Portfolio Holder, to determine the level of rents for any HRA properties that may be exempt from the 1% rent reduction starting from 1 April 2016, or from any other changes that may be required, following the enactment of the Welfare Reform and Work Bill 2015/16. |
| Reason for Decision :- | Having considered the report. |
| Alternative Options Considered :- | None. |
| Conflicts of Interest Delared (and Dispensations Granted by the Monitoring Officer) :- | None. Consultation with Ward Member: N/A. |
| Contact Officer :- | Finance and Procurement Manager - Richard Barrett |
| Decision to Take Effect at end of :- | 2016/02/29 |
| Attachments :- | A.2 CBM Report and Appendices (517K/bytes) |