Issue - meetings

Minute 282 refers

Note – Members are asked to bring their copy of the Executive agenda to the meeting.

RESOLVED – that (A) the budgetary variances set out in paragraph 2.1 of the report submitted be noted;

(B)      Investment Income in excess of the budgeted sum, to the extent that it is not needed to offset adverse budget variances during 2012/13, be transferred to the Interest Equalisation Reserve at 31 March 2013, as detailed at paragraph 2.2 of the report submitted;

(C)      a Supplementary Revenue Estimate of £120,000 in respect of increased workloads in the Revenues and Benefits Service, as outlined in paragraph 2.4 of the report submitted, be approved; and

(D)      spend of £358,000 for the provision of rent accommodation from the monies held by Uttlesford Council who act as banker for these funds, be approved, as detailed at paragraph 2.6 of the report.

(see also Minute 333 above)

The Leader of the Council submitted an exception report on finance and performance monitoring for June – July 2012 and risk monitoring for May - June 2012.

The Executive supported the proposals as now detailed.

RECOMMENDED – that (A) the budgetary variances set out in paragraph 2.1 of the report be noted;

(B)      Investment Income in excess of the budgeted sum, to the extent that it is not needed to offset adverse budget variances during 2012/13, be transferred to the Interest Equalisation Reserve at 31 March 2013, as detailed at paragraph 2.2 of the report submitted;

(C)      a Supplementary Revenue Estimate of £120,000 in respect of increased workloads in the Revenues and Benefits Service, as outlined in paragraph 2.4 of the report submitted, be approved; and

(D)      spend of £358,000 for the provision of rent accommodation from the monies held by Uttlesford Council who act as banker for these funds, be approved, as detailed at paragraph 2.6 of the report.