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Issue - decisions

10/11/2022 - Budget Monitoring - Month 6

RESOLVED

 

(a) that the Month 6 budget monitoring forecast and the very challenging financial position faced by the Council be noted;

 

(b) that the immediate action being taken to safeguard the financial sustainability of the Authority be supported;

 

(c) that the savings and additional income resulting from the Financial Sustainability Programme be noted;

 

(d) that the introduction of a new charge when novating contracts be agreed, with immediate effect;

 

(e) that changing the financing of the Special Educational Needs Capital Programme totalling £12.3 million from internal borrowing to external grant be approved; and

 

(f) that authority be given to change the financing of other capital projects totalling £8.7 million from internal borrowing to Capital Receipts.



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