Policy And Resources Committee - 08/01/2007

At a MEETING of the FINANCE COMMITTEE held at Dundee on 8th January, 2007.

Present:-

BAILIES

COUNCILLORS

Councillor Fraser MACPHERSON, Convener, in the Chair.

The minute of meeting of this Committee of 11th December, 2006 was held as read.

Unless marked thus * all items stand delegated.

I CAPITAL MONITORING

There was submitted Report No 14-2007 by the Head of Finance appraising members of the latest position regarding the Council's Capital Expenditure Programme for 2006/07.

The Committee noted the contents of the report.

II REVENUE MONITORING

There was submitted Report No 27-2007 by the Head of Finance providing the Committee with an analysis of the 2006/2007 Projected Revenue Outturn as at 30th November, 2006 monitored against the adjusted 2006/2007 Revenue Budget.

The Committee,

(a) noted that the overall General Fund 2006/2007 Projected Revenue Outturn as at 30th November, 2006 showed an overspend of 93,000 against the adjusted 2006/2007 Revenue Budget.

(b) noted that the Housing Revenue Account was projecting an underspend of 36,000 against the HRA 2006/2007 Revenue Budget.

(c) instructed the Head of Finance to take every reasonable action to ensure that the 2006/2007 revenue expenditure was below or in line with the adjusted Revenue Budget.

(d) instructed the Head of Finance in conjunction with all Chief Officers of the Council to continue to monitor the Council's 2006/2007 Projected Revenue Outturn.

III CHARITY RELIEF - RELIEF OF RATES

There was submitted Report No 35-2007 by the Depute Chief Executive (Finance) seeking authorisation to grant charity relief on the undernoted non-domestic properties.

The Committee approved accordingly.

Fraser MACPHERSON, Convener.