Decision details

RESOLVED –

(1)    That in respect of the financial performance against the budget at the end of September 2020 -

(a)    the position be noted;

(b)    the proposed in-year adjustments to the budget, as set out in Appendix H to the Portfolio Holder’s report, be agreed;

(c)    the Corporate Director (Place and Economy), in consultation with the Portfolio Holder for Leisure and Tourism, be agreed to amend leisure membership fees in response to the national lock down period and the resumption of a phased approach to reopening up leisure facilities later in the year;

(d)    in respect of the Council’s Treasury Management Practices, the aggregate amount of money that can be placed overnight with the Council’s bankers be increased temporarily from £1.000m to £1.500m for each day the offices are closed over the Christmas break; and

(e)    the Council continues to be a member of the Essex Business Rates Pool in 2021/22 if it remains financially advantageous to do so.

(2)    That in respect of the Updated Long Term Forecast -

(a)    the updated forecast be agreed and that the Resources and Services Overview and Scrutiny Committee be consulted on the latest position.