Decision details

Insurance Fund Budget 2012-13

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


A report by the Director of Finance set out the elements which made up the Insurance Fund, the cost of running the Risk and Insurance Section and the Budget for 2012/13.  The Insurance Fund Budget was one element of the Council Budget setting process.




(1)  the Insurance Fund Budget 2012/13 be agreed;


(2)  the Budget Surplus Reserve of £136,030 be used to limit the increase in cost to the General Fund for 2012/13; and


(3)  savings to schools (subject to Academy transfers) of £226,000 and increased costs to the General Fund of £20,000 for 2012/13 be agreed.

Publication date: 29/11/2011

Date of decision: 24/11/2011

Decided at meeting: 24/11/2011 - Cabinet

Effective from: 07/12/2011

Accompanying Documents: