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Investment & Performance Board (IPB)
Date of IPB meeting:
4 April 2013
Title of paper:
Update on Central Programme Budget 2013-14
To be presented by:
Tom Middleton
Cleared by: (name
Adviser & Director)
Sir Edward Lister and Jeff Jacobs
Classification:
Public
1.
Executive summary
1.1
The latest position on the central programme budget for 2013-14 is shown in
the summary table immediately below (Table 1).
1.2
The table overleaf (Table 2) lists each programme which has received
approval in principle, along with details of the relevant approval form.
Table 1: Central programme budget 2013-14 – summary
Notional limits
for 2013-14
Approved in
principle
Remaining for
2013-14
Development &
Enterprise
£1.0m
£0.6m
£0.4m
Communities &
Intelligence
£1.0m
£0.4m
£0.6m
Across all
directorates
£0.4m
-
£0.4m
Total
£2.4m
£1.0m
£1.4m
Directorate
Table 2: Central programme budget 2013-14 – programme details
Dir.
Programme
2013-14
2014-15
Approval form
D+E
Capital Clean Up
£40,000
-
MD1123
D+E
Food Business Waste
£52,000
£47,000
MD1149
D+E
Environment
£404,000
-
MD awaited
D+E
Clean Air Fund
£90,000
-
MD awaited
D+E
Olympic Legacy
£50,000
-
DD awaited
C+I
Cultural Strategy
£170,000
-
MD awaited
C+I
Creative industries
£50,000
-
MD awaited
C+I
Youth / Peer
Outreach
£40,000
-
DD awaited
C+I
SMEWFL
£42,300
£14,100
DD awaited
C+I
Gigs
£46,000
-
MD1143
2.
Recommendation
2.1
That the Board notes the contents of this paper.
3.
Introduction and Background
3.1
A central programme budget has been introduced for the first time for 201314. Departments have been asked to bid for funds. The pot totals £2.4m.
4.
Issues for consideration
4.1
There are no issues for consideration at this point in the year as only a
minority of the budget has been approved in principle.
5.
Risks arising / mitigation
5.1
There are no risks arising yet as the budget has yet to be fully committed.
6.
Financial comments of the Executive Director Resources
6.1
This paper is concerned with financial issues. Relevant details are included in
the main body of the report.
7.
Legal Comments
7.1
N/A
8.
Next steps
8.1
N/A.
Appendices:
None.