Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To note the Revenue & Capital forecast position at Q3 and approve amendments to the Capital Programme if applicable.
(1) the revenue and capital outturn positions as set out in paragraphs 1.2 to 1.4 of the officer report, be noted;
(2) the proposed additions and amendments to the Capital Programme as set out in paragraphs 3.31 to 3.36 of the officer report, be agreed;
(3) the Council’s Trading Update as detailed in Appendix 3 to the officer report, be noted; and
(4) the payment of £500k to the London Borough of Camden in full and final settlement of the Council’s overage obligations in respect of The Hive as set out from paragraph 2.55 of the officer report, be agreed.
Reason for Decision: To report the 2022-23 financial forecast position at Q3 and to provide an update on trading company performance.
[No conflict of interests were declared or dispensations granted in relation to the above items.]
Report author: Director of Finance
Publication date: 17/02/2023
Date of decision: 16/02/2023
Decided at meeting: 16/02/2023 - Cabinet
Effective from: 25/02/2023