Decision details

Q1 Revenue & Capital Budget Monitoring

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

1.     To Note the Revenue and Capital forecast position at Q1

2.     To approve amendments to the Capital Programme if applicable.

Decisions:

Having agreed to note the confidential appendices to the report, Cabinet

 

RESOLVED:  That

 

(1)            the revenue and capital forecast positions set out in paragraphs 1.2 and 1.3 in the officer report, be noted;

 

(2)            the proposed amendments to the Capital Programme as set out in paragraphs 3.30 to 3.33 and paragraphs 3.34 to 3.38 in the officer report, be approved;

 

(3)            the Council’s Trading Update as detailed in Appendix 6 to the officer report, be noted;

 

(4)            the refresh of Sancroft Community Care Limited’s Business Plan (2017-2023), as detailed in the exempt Appendix 7 to the officer report, be approved;

 

(5)            the Concillium Assets LLP’s Business Plan (2021/22 – 2027/28) as detailed in the exempt Appendix 8 to the officer report, be approved.

 

Reason for Decision:  To report the 2021/22 financial forecast position at Q1 and to update Cabinet on trading company performance.

 

Alternative Options Considered and Rejected:  As set out in the report.

 

Conflict of Interest relating to the matter declared by Cabinet Member/Dispensation Granted:  None.

 

Report author: Director of Finance

Publication date: 24/09/2021

Date of decision: 23/09/2021

Decided at meeting: 23/09/2021 - Cabinet

Effective from: 02/10/2021

Accompanying Documents: