25 capital monitoring: 2009/10 outturn and 2010/11 budget PDF 125 KB
To receive a report by the Head of Financial Services.
Contact: S Couper 388103
Decision:
Noted the outturn for capital expenditure in 2009/10 and adjustments for 2010/11 budget and requested a further report to Cabinet evaluating the implications of the closure of Go-East and other regional organisations and plans.
Minutes:
A report by the Head of Financial Services was submitted (a copy of which is appended in the Minute Book) detailing the outturn for capital expenditure in 2009/10 and adjustments for 2010/11 budget.
In noting variations in the programme, Executive Councillors were advised that the level of Local Public Service Agreement performance reward grant was likely to be considerably less than had been budgeted. At the same time, Members noted plans announced by the Government to abolish Go-East and the possible implications for the authority. Whereupon, the Cabinet
RESOLVED
(a) that the report be received and the expenditure variations noted; and
(b) that a further report be submitted to Cabinet evaluating the implications of the closure of Go-East and other regional organisations and plans.