Decision details

Budget Monitoring - Month 4

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decision:

RESOLVED

 

(a) that the month 4 budget monitoring forecast position is noted;

 

(b) that the update on the Safety Valve Intervention programme also is noted;

 

(c) that an in year virement from service budgets of £10 million, as detailed in section 8 of the report, is agreed; and

 

(d) that a Safety Valve Support reserve is created and a contribution to it of £10 million is made in year.

Reason Key: Strategic, Political or Financial Significance;

Divisions Affected: (All Divisions);

Contact: Angie Sinclair, Director of Finance and Public Value Email: angie.sinclair@devon.gov.uk.

Report author: Angie Sinclair

Publication date: 13/09/2023

Date of decision: 13/09/2023

Decided at meeting: 13/09/2023 - Cabinet

Accompanying Documents: