Decision - Governance of Value for Money Phase 4

1)            That the committee note the scope and savings opportunities identified for phase 4 of the council’s Value for Money programme.

2)            That the committee approve the cross-party member oversight arrangements for the programme as set out in paragraph 3.18.

3)            That the committee note the minimum one-off resources of £1.450m anticipated to be required to achieve success and the further work required to quantify additional resources for key enabling projects.

4)            That together with £0.350m already approved for 2014/15, the committee agree:

a)    the early drawdown of the 2015/16 Modernisation Fund (£0.700m) to support the programme in 2014/15;

b)    the set aside of £0.400m of the 2013/14 revenue budget underspend to support the programme in 2014/15, and;

c)    to set aside the remaining £1.624m resources from 2013/14 to support the programme in 2015/16.

(5)       To agree additional recurrent investment of £0.300m in the council’s procurement capacity as set out in paragraph 7.3 and appendix 1.