Content

Resolved –
 
That the
Executive:
 

(1)         
Notes that the Council’s financial position has continued
to                 
deteriorate.
 

(2)      Notes Exceptional Financial
Support is required in 2023-24         and 2024-25
and without this the s151 officer will have to        issue a s114
report.
 

(3)       Notes that the Executive
will receive a budget proposal report in          January
2024 that will outline long term spending    reductions.
 

(4)      Notes that there will be
continued discussions with the
           
BCFT on their Business Plan.
 

(5)       Delegates authority to the
Chief Executive in consultation          with the
Director of Finance to engage with the Department of    Levelling Up Housing and Communities to
formally request    
Exceptional Financial Support in 2023-24 and 2024-25.
 

(6)       Notes the requirement for
the implementation and            
development a transformation programme to deliver savings and
future proposals.
 

(7)      Notes the Type 1 contract
variation request from BCFT for         
£13.5m of year to date costs which has been agreed and
       paid.
This is contained
within the existing overspend.
 

To be actioned by: Director of Finance / Chief Executive (5)
 
Overview and Scrutiny
Committee: Corporate
 
(Andrew Cross –
01274 436823)