A report by the Director of Finance recommended the approval of the submission of the 2010/11 estimate of the Value for Money Gains National Indicator 179 (NI179) which was required by the Department for Communities and Local Government by 22 October 2010.

RESOLVED: That

(1)  the Value for Money Gains National Indicator 179 cumulative estimate for 2010/11 of £36.7 million for submission to the DCLG be approved; and

(2)  a further report be brought to the Cabinet in June 2011 setting out the final NI179 position at 31 March 2011 due for submission to the DCLG in July 2011.