Policy And Resources Committee - 11/02/2002

At a MEETING of the FINANCE COMMITTEE held at Dundee on 11th February, 2002.

Present:-

COUNCILLORS

Councillor George REGAN, Convener, in the Chair.

The minute of meeting of this Committee of 14th January, 2002 was held as read.

Unless marked thus * all items stand delegated.

I CAPITAL MONITORING

After considering Report No. 95-2002 by the Director of Finance advising members on the latest position regarding the Council's expenditure programme for 2001/2002, the Committee noted the contents of the report.

II REVENUE MONITORING

There was submitted Report No. 107-2002 by the Director of Finance providing the Committee with an analysis of the 2001/2002 projected revenue outcome as at 31st December, 2001 monitored against the adjusted 2001/2002 revenue budget.

The Committee

(i)noted that the overall General Fund 2001/02 Projected Revenue Outturn as at 31st December, 2001 showed an overspend of 853,000 against the adjusted 2001/02 Revenue Budget.

(ii)noted that the Housing Revenue Account Projected Outturn was in line with the approved 2001/2002 Final Revenue Budget.

(iii)instructed the Director of Finance to take every reasonable action to eliminate the projected overspend referred to in (a) above.

(iv)instructed the Director of Finance, in conjunction with all Chief Officers of the Council to continue to monitor the Council's 2001/02 Projected Revenue Outturn.

III RELIEF ON RATES - CHARITY RELIEF

There was submitted Report No. 75-2002 by the Director of Finance seeking authorisation to grant charity relief on the undernoted non-domestic properties.

The Committee approved accordingly.

GEORGE REGAN, Convener.