Decision details

2016/17 Revenue and Capital Monitoring for Quarter 2 as at 30 September 2016

Decision Maker: Performance and Finance Scrutiny Sub-Committee, Cabinet

Is Key decision?: Yes

Is subject to call in?: Yes


To note the Revenue and Capital forecast position  as at Quarter 2

To approve virements

To approve increases in the capital programme delegated to Cabinet.

To note Revenue and Forecast position as at Q2 for the Concilium Business



Having also considered confidential Appendix 5 to the report, it was




(1)          the revenue and capital forecast positions as at Quarter 2 2016/17 be noted;


(2)          the latest quarter’s performance report from Concilium Business Service, as detailed in Appendix 5 to the report, be noted;


(3)          the Corporate Director of Resources and Commercial, following consultation with the Portfolio Holder for Finance and Commercialisation, be authorised to approve the varying of Concilium Business Services shareholders’ agreement via an appropriate Deed of Variation in line with the details within this report;


(4)          the proposed reduction to the 2016/17 Capital Programme, as outlined in paragraphs 3.10 to 3.13 of the report, be noted;


(5)          the addition to 2016/17 Capital Programme, as outlined in paragraphs 3.20, 3.43 and 3.44 of the report, be approved.


Reason for Decision:  To be availed of the 2016/17 forecast financial position as at 30 September 2016 and to approve budget adjustments in accordance with Financial Regulations.


Alternative Options Considered and Rejected:   As set out in the report.


Conflict of Interest relating to the matter declared by Cabinet member/Dispensation Granted:  None.

Report author: Dawn Calvert

Publication date: 09/12/2016

Date of decision: 08/12/2016

Decided at meeting: 08/12/2016 - Cabinet

Effective from: 17/12/2016

Accompanying Documents: