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.