Issue - meetings

The Cabinet considered the report of the Head of Corporate Finance and ICT which provided details of the progress made on the achievement of the approved budget savings for 2013 – 2015.

Decision Made:

That:

(1)       the progress to date on the acheivement of the approved budget savings be noted; and

(2)       it be noted that earmarked reserves would be utilised in 2013/14 should other savings not be achieved elsewhere in the budget to bridge the current gap set out in the report.

Reasons for Decision:

To ensure the Cabinet are informed of the latest position on the achievement of savings for the current financial year and to facilitate the achievement of the savings targets for 2013 - 2015.

Alternative Options Considered and Rejected:

None