Decision details

To receive an update on the latest revenue and capital position; and to consider any write off requests, virements and any other financial decisions requiring Cabinet approval.

(a)  That the reported and underlying financial position of the council as at the first quarter of the year be noted,

(b)  That the management actions being undertaken by officers to reduce the budget pressures be noted,

(c)  That the budget virements as explained in paragraph 6 of the report and listed in detail in appendix D be approved, and

(d)  That the write offs as requested in paragraph 7 of the report be approved.

(e)  That the Mobile Telephony Contract proposal as at paragraph 7.3 of the addendum to the report be approved, which would result in SBC making a spend commitment of £755k over 4 years to the new VMB/O2 contract, noting that the cost would be met from existing budgets).