Issue - meetings

Allocation of Re-provision / Restructuring Costs

Meeting: 13/10/2011 - Cabinet (Item 151)

151 Allocation of Re-provision / Restructuring Costs pdf icon PDF 66 KB

Minutes:

A report of the Director of Finance informed the Cabinet that as part of the Council Budget 2011/12, £2 million of the Efficiency Investment Fund had been set aside to meet any re-provision and restructuring costs following the Early Voluntary Retirement/Voluntary Severance (EVR/VS) Scheme. The Cabinet was now recommended to allocate funding to Departmental budgets.

 

RESOLVED:

 

That the sum of £1,802,000 be transferred from the Efficiency Investment Fund to Departmental Budgets.