Finance, Procurement & IT Cabinet Member – Minutes – 4 January 2012
21 (21) VIREMENTS 2011-12 – The Director of Finance submitted a report seeking approval for changes to the revenue and capital budgets for 2011-12.
On 23 February 2011 Council approved the revenue and capital budgets for the 2011/2012 financial year. The report gave details of virements approved by the Director of Finance under delegated powers and those that required Cabinet Member approval.
Resolved – (a) That the virements at paragraph 3.1 of the report, approved by the Director of Finance under delegated powers be noted, and (b) that the permanent virements outlined in paragraph 3.2 of the report be approved.
Where there is no report this is because it is exempt, as it contains information which is considered to be of a confidential nature, as detailed in the Local Government (Access to Information) Act.