Issue - decisions

Consideration was given to a report requesting approval of Supplementary Capital Estimate and virement requests of over £1.0m, or which required funding from later years, or which needed to be funded from reserves, as detailed in Section 11 and  Appendix 1 of the report submitted.

RESOLVED

1.      That the following Supplementary Capital Estimates (SCE) and Virement requests of over £1.0m, or  which  required funding from later years, or which are funded from reserves, as detailed in Section 11 and  Appendix 1 of the report be approved:-

a.     Christ the King Catholic & C of E Primary School £3,039,000

b.     Stapeley Broad Lane Primary School £906,000

c.      Offley Primary School  £845,000

d.     Energy Efficiency – Invest to Save £75,000

2. That, subject to grant approval, an SCE of £2.2m, to be fully funded by Connected for Health grant, for the Common Assessment Framework Demonstrator Bid, as detailed in Section 11 of the report submitted, be approved.  

3. That the use of General Reserves to fund the following items, as detailed in Section 11 of the report be approved :-

a.     £75,000 in 2009-10 for energy efficiency measures to reduce Carbon Emissions. 

b.     Round 2 Voluntary Redundancy costs of up to £5m, together with the additional future payment of actuarial costs.

4.      That the use of General Reserves to create the following new earmarked reserves as detailed in Section 11 of the report, be approved :-

a.     Invest-to-Save Projects (£2m)  

b.     Enabling Local Working  (£625,000)