Policy & Resources Cabinet Member – Minutes – 31 December 2012

33 (33)  Virements 2012-2013 – The Director of Policy and Resources submitted a report seeking approval for changes to the revenue and capital budgets for 2012/13.

On 21 February 2012 Council approved the revenue and capital budgets for the 2012/2013 financial year.  The report gave details of virements approved by the Director of Policy and Resources 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 Policy and Resources under delegated powers be noted, and (b) that the permanent virements outlined in paragraph 3.2 of the report be approved.

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