Agenda item

Report of the Corporate Directors Group

1.    That the budget monitoring information be noted and management arrangements put in place to minimise overspends and the adverse impacts on reserves;

2.    That the additional grants received, be noted;

3.    That the proposed reserve movements and budget virements, be approved and commended to Council as appropriate.

Decisions:

1.                  That the budget monitoring information be noted and management arrangements put in place to minimise overspends and the adverse impacts on reserves;

2.                  That the additional grants received, be noted;

3.                  That the proposed reserve movements and budget virements, be approved and commended to Council as appropriate.

Reason for Decisions:

To update the Council’s budget for additional grants received, budget virements and reserve movements in line with the Council’s Constitution. 

Implementation of Decisions:

The decisions will be implemented after the three day call in period.