RESOLVED:

That Cabinet:

1).    notes the financial reporting data relating to revenue budgetary control, showing a forecast net overspend at year end of £3.2million, 0.59% of the gross budget.

2).    approves the virement of £306,720 from the OCPB reserve for the Mapping and Data Improvement (MADI) project. This is for the procurement of services to survey and map electronically the location and condition of the authority’s environmental assets, such as street lighting, gullies, bins, tress etc. so as to improve the management of these assets as well as support an electronic user friendly approach for residents to report defects to the service areas.

3).    approves the virement of £182,120 from the OCPB reserve for the Planweb/Stratus replacement project which will replace two mapping solutions with a single modern solution that will allow for both the service areas to manage their assets and information graphically as well as allow residents to view location based information in a graphical manner.

4).    notes the adjustments to the capital programme detailed in appendix 5b and approve the following adjustments to the Capital Programme