Issue - decisions

Quarter 2 Budget Monitoring Report

15/11/2019 - Quarter 2 Budget Monitoring Report

1.    Consider the budget monitoring position for each of the above accounts;

 

RESOLVED TO RECOMMEND:

 

2. The approval of the revised capital programme to move £3.1m slippage identified at Quarter 2 into financial year 2020/21 as detailed in Appendix C;

 

3. the approval of a supplementary revenue budget funded from reserves:

 

·         Supplementary budget of £30k in the Garage service, funded from the Invest to Save reserve, to fund a specialist project manager to lead on improvements to the garage letting process

 

4. the approval of supplementary capital budgets required to deliver several service changes as set out below:

 

·         A capital budget of £25k to fund payment kiosks in the Customer Services Unit.

 

 

·         Additional capital budget of £400k to deliver the Bunkers Farm project.

 

·         Supplementary budget of £161k in the HRA capital budget Strategic Acquisitions, to fund buy-back of a leasehold property.

 

5. Approve capital virements to reallocate budget from existing leisure budgets to fund Berkhamsted Leisure Centre Improvements Works:

 

·         Create a budget of £276k for Berkhamsted Leisure Centre Improvements Works by reallocating budget from:

a) Hemel Sports Centre roof £100k

b) Berkhamsted Sports Centre Building Management System £150k

c) Replace