13 budget carry forward

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					CABINET                                                                        Paper
Meeting date:                     7 September 2004                              No.
From:               Deputy Chief Executive / Corporate
                    Director – Finance and Central
                    Services
                                                                                13

REVENUE BUDGET: CARRY FORWARD REQUESTS

1.0       EXECUTIVE S UMMARY
1.1       This report considers the carry forward requests from Directorates in the light of
          the 2003/04 Revenue Outturn reported to Cabinet on 20 July and to County
          Council on 29 July.


2.0       POLICY POSITION , BUDGETARY I MPLICATIONS, AND L INKS TO
          CORPORATE S TRATEGY
2.1       Requests for carry forward have been examined in the context of the Corporate
          Strategy and its priorities.

2.2       Agreed carry forwards have the impact of drawing down the County Council’s
          General Reserves. The General Reserves form part of the prudent management of
          the Council’s finances. Other potential calls on General Reserves include the
          Council’s response to the single status negotiations. Consideration also has to be
          given to the need for adequate funding to cope with the demands of the 2005/6
          Revenue Support Grant Settlement.


3.0       RECOMMENDATION
3.1       That the schedule of proposals attached be considered by Cabinet and
          recommendations made to Council about carry forwards from the 2003/04
          Revenue Outturn.




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4.0       B ACKGROUND
4.1       At the meetings of Cabinet on 20 July and County Council on 29 July, details were
          received about the Revenue Budget outturn for 2003/04. Included in the reports was
          information about proposals from Directorates for carry forward of underspendings
          totalling £ 3.0m.

4.2       Available funds were taken to the Council’s General Reserves, pending further
          examination of the proposals and any others emerging subsequently. Criteria for
          evaluating the requests can include whether the items represent genuine ‘hangover’
          from 2003/4 and / or are justifiable in their fit with the Corporate Strategy and
          Council priorities.

4.3       Cabinet is now asked to consider making proposals to full Council based on the
          schedules attached, which take account of the report to Cabinet on 20 July 2004 and
          later information. Separate consideration is to be given to the restructuring of the
          Social Services 2004/5 Revenue Budget and it might be appropriate for the Social
          Services requests to be considered as part of that exercise.


5.0       OPTIONS
5.1       The carry forward requests can be refused or agreed or varied. The financial impact
          of agreed carry forwards is to trans fer funds from General Reserves to Directorates.


6.0       CONCLUSION
6.1       Requests for carry forward from the 2003/4 outturn have been brought forward for
          consideration by Cabinet, in order to make recommendations to full Council on 16
          September 2004.



R. F. Mather
Deputy Chief Executive / Corporate Director – Finance and Central Services
September 2004
Cf. 59.04


APPENDICES

Appendix 1: Schedule of requests for carry forward

IMPLICATIONS

Staffing:
Financial:                           Drawn down from General Reserves
Electoral Division(s):               All




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Executive Decision                                                          No

Key Decision                                                                No*

If a Key Decision, is the proposal published in the current Forward Plan?         N/A*

Is the decision exempt from call- in on grounds of urgency?                 No*

If exempt from call- in, has the agreement of the Chair of the relevant           N/A*
Overview and Scrutiny Committee been sought or obtained?




PREVIOUS RELEVANT COUNCIL OR EXECUTIVE DECISIONS
[including Local Committees]

BACKGROUND PAPERS


RESPONSIBLE CABINET MEMBER

Councillor Mike Ash

Contact:       Bob Mather 01228 606260 bob.mather@cumbriacc.gov.uk




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