Purpose

To update cabinet on Quarter 3 budget
monitoring

Content

RESOLVED that Cabinet:
-

(a)          
Noted the budget monitoring position for quarter three 2023/24,
and the outcomes of the orderly closures of Future Places Ltd and
Poole Housing Partnership; and

(b)          
Agreed the delegation for delivery of grants up to £1m as
set out in Appendix C.
RECOMMENDED that
Council:-

(c)          
Agree the acceptance of grants, delegations for delivery and
capital virements for schemes over £1m as set out in Appendix
C.

 
Voting:
Unanimous
Portfolio Holder:
Finance
Reason
To comply
with accounting codes of practice and best practice which requires
councils to regularly monitor the annual budget position and take
any action to support the sustainability of the council’s financial position.
To comply
with the council’s financial regulations regarding capital virements and acceptance of
grants.