Agenda item

Joint report of the Chamberlain, Director of the Built Environment, Director of Markets and Consumer Protection and Director of Open Spaces.

The Senior Accountant introduced a report of the Chamberlain on revenue and capital budgets for 2014/15, noting that its recommendations had been made in light of the City of London’s wider review of its use of resources.

In response to a query from a member over the nature of staffing budgets, the Senior Accountant replied that these were necessary due to the need to cater for long-term staffing requirements.

RESOLVED, that –

·         The committee reviewed the provisional 2014/15 revenue budget, noting that it met the committee’s objectives and approved its submission to the Finance Committee;

·         The draft capital budget be approved.

·         The Chamberlain be authorised to revise these budgets to allow for further implications arising from the potential budget developments including PP2P reviews, developments in the Port Health service relating to changing trade, changes to the Additional Works Programme and changes in respect of recharges.