Issue - meetings

To consider the report of the Assistant Director Finance.

Scrutiny Committee – Resources considered the report at its meeting on 20 June 2012 and comments will be reported.

(Report circulated)

(Minute 69)

Councillor Hannaford declared an interest in this item as a trustee of Exwick Community Association.

The report of the Assistant Director Finance was submitted, advising Members of the overall financial performance of the Council for the 2011/12 financial year, in respect of the annual capital programme. Approval was also sought for the 2012/13 revised capital programme, including commitments carried forward from 2011/12.

Scrutiny Committee – Resources considered the report at their meeting on 20 June 2012 and the support of members was noted.

Executive recommended that Council notes and approves:-

(1)        the overall financial position for the 2011/12 annual capital programme; and

(2)        the amendments to the Council’s annual capital programme for 2012/13.

Councillor Hannaford declared an interest in this item as a trustee of Exwick Community Association.

The report of the Assistant Director Finance was submitted, advising Members of the overall financial performance of the Council for the 2011/12 financial year, in respect of the annual capital programme. Approval was also sought for the 2012/13 revised capital programme, including commitments carried forward from 2011/12.

Scrutiny Committee – Resources considered the report at their meeting on 20 June 2012 and the support of members was noted.

RECOMMENDED that Council notes and approves:-

(1)        the overall financial position for the 2011/12 annual capital programme; and

(2)        the amendments to the Council’s annual capital programme for 2012/13.

(Report circulated)

To consider the report of the Assistant Director Finance – report circulated

Councillor Macdonald declared a personal interest as a Trustee of a Tenant at Verney House.

The Assistant Director Finance presented the report advising of the overall financial performance for 2011/12 in respect of the Council’s revised annual Capital Programme and sought approval of the 2012/13 revised capital programme.

He advised that the capital expenditure in the year amounted to £13,123,271, a reduction of £3,181,809 on the planned figure of £16,305,080.  The actual expenditure during 2011/12 represented 80.5% of the total approved for the revised Capital Programme, which meant £4.9 million would need to be carried forward to be spent in future years.

The Scrutiny Committee – Resources noted the report and recommended that Council approves the:

(1)        overall financial position for the 2011/12 annual capital programme; and

(2)        amendments to the Council’s annual capital programme for 2012/13.

(Report circulated)