Decision details

RESOLVED that –

(a)     in respect of the financial performance against the budget at the end of December 2019:

(1)     the current position be noted;

(2)     the proposed adjustments to the budget, that include a contribution to the Forecast Risk Fund of £0.446m, as set out in Appendix H to item A.3 of the Report of the Corporate Finance and Governance Portfolio Holder, be agreed; and

(3)     the use of £0.041m of the contribution to the Forecast Risk Fund of £0.446m to fund the cost in 2019/20 of the changes to the Members’ Scheme of Allowances agreed by Full Council on 21 January 2020 be agreed.

(b)     in respect of the Updated Long Term Forecast:

(1)       the updated forecast be agreed, which includes the commitment to on-going support to external organisations within the principles set out in the Portfolio Holder’s report; and

(2)       the Resources and Services Overview and Scrutiny Committee be consulted on the updated long term forecast.