Issue - meetings

Report of the Strategic Director of Resources

Presented by the Finance and Corporate Portfolio Holder

The Finance and Corporate Portfolio Holder presented the report.

It was moved by Councillor K Merrie, seconded by Councillor T Saffell and

RESOLVED THAT:

1. The supplementary estimate detailed in appendix 2 which is below £100k and externally funded be noted.

2. The supplementary estimate detailed in appendix 2 which is above £250k and requires Council approval be noted.

3. The supplementary estimate detailed in appendix 2 which is below £100k and Council funded be approved.

4. The virement detailed in paragraph 3.3 which is between £100k and £250k be approved.

5. The movement from the development pool to active programme for the capital schemes detailed in table 1 be approved.

6. The award of grant of £250,000 to Castle Donington College and delegates authority to the Director of Communities to finalise and agree the funding agreement.

Reason for decision: The Council’s Financial Procedure Rules, Section 2, paragraphs A24 to A28 stipulate the procedures for virements and supplementary estimates, whilst the Council’s Capital Strategy sets out the Governance of the Capital Programme