Quarter 1 Financial Performance 2018-19
Decision Maker: Cabinet
Decision status: Information Only
Is Key decision?: No
Is subject to call in?: Yes
This report provides information on the
forecast full year financial position of the Council as at 30 June
2018 and progress to date on the Moving Forward transformation
1) That the report be noted;
Recommend to FULL COUNCIL:
2) That £600,000 be allocated within the Growth & Investment Reserve to be used for large voids or timing between disposals and acquisitions of commercial properties.
Reasons for the decision:
To provide timely information to Members on the overall financial position of the Council, enabling resource re-allocation to priorities where necessary.
Alternative options considered:
The report and appendix be noted.
Report author: Alison Chubbock
Publication date: 05/09/2018
Date of decision: 04/09/2018
Decided at meeting: 04/09/2018 - Cabinet
Effective from: 13/09/2018