Issue - meetings
Larkfield Leisure Centre Mechanical, Electrical and Roofing Works Capital Scheme - Virement
Meeting: 29/10/2019 - Council (Item 79)
PDF 52 KBItem CB 19/57 referred from Cabinet minutes of 16 October 2019
Additional documents:
Minutes:
Item CB 19/57 referred from Cabinet minutes of 16 October 2019.
RESOLVED: That the recommendations at Minute CB 19/57 be approved.
Meeting: 16/10/2019 - Cabinet (Item 57)
The report sets out a virement between revenue and capital budgets in relation to the mechanical, electrical and roof work capital scheme at Larkfield Leisure Centre.
Minutes:
Further to Minutes CB 19/41 and C 19/63, the joint report of the Director of Finance and Transformation and Director of Central Services gave an update on the budget requirements for the mechanical, electrical and roofing work capital scheme at Larkfield Leisure Centre in the light of revised figures for the estimated loss of income claim and capital costs during the lead up to the commencement of the works. It was accordingly proposed that a virement of £230,000 between the relevant revenue and capital budgets be approved.
RECOMMENDED: That a virement of £230,000 between the appropriate revenue and capital budgets in respect of the major programme of works at Larkfield Leisure Centre, as set out in the report, be approved by the Council.
*Referred to Council