(1) That a Revenue Investment and Budget Support Cabinet Panel be established with a membership of seven appointed on the basis of political proportionality (Labour 4; Conservative 2; Liberal Democrat 1);
(2) That the portfolio holder for Finance and Budget Management be appointed to chair the panel;
(3) That the group leaders be requested to make nominations for membership of the panel from their respective groups in accordance with (1) above; and
(4) That the Panel make recommendations to Cabinet in respect of proposed expenditure.