RESOLVED:

A). That Cabinet note the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £3.67million, 2.3% of the net budget. This is an increase of £980k from last month.

B). That Cabinet note the adjustments contained in Appendix 5b approve the following adjustments

C). That Cabinet approve the virement of £190,900 from the CSF Social Work Improvement Fund reserve to fund projects supporting early intervention and assessment.

D). That Cabinet approve the supplementary virement of up to £319,000 for 2014/15 from earmarked reserves to fund the continued EDS.

E). That Cabinet approve the virement of £24,540 from E&R to C&H to fund the administration officer post within the recently transferred Environmental Health Housing (EHH) team.

F). That Cabinet approve the budget realignment within Waste Services, as part of the ongoing internal review of budgets to accurately reflect the total cost and income for each service operated by the section.

G). That Cabinet approve a virement to transfer the management of the Professional Development Centre (Chaucer Centre) from CSF to the Facilities team within Corporate Services.

Gross expenditure budget £244,180

Gross income budget £251,940

Net budget £7,760