Content

Appendices
A, B and D are exempt from publication because they contain
information of the kind described in paragraphs 14 and 21 of parts
4 and 5 of Schedule 12A to the Local Government Act
1972.
 
RESOLVED: that Council be
recommended to -  
 

i.        Note the
agreement reached in principle and ratify the decision to complete
the formal settlement agreement with HMRC

ii.       Agree that
conclusion of the final terms of an Agreement is delegated to the
Chief Executive, in consultation with the Section 151 Officer,
Monitoring Officer, Leader of the Council and the Cabinet Member
for Finance, Modernisation and Performance.

iii.      Note the Capitalisation
Direction agreed and now available to support the financial
strategy to fund the liability subject to Council
agreement.

iv.      Agree to amend the 2024/25
budget in accordance with budget policy framework to align with the
agreed financial strategy in relation to this issue.

v.       Agree to the
inclusion within the Council’s Capital Strategy and program
this expenditure in for 2024/25.

vi.      Agree the necessary
changes to the Revenue Budget for the Medium Term reflecting the
impact on Capital financing for future years in accordance with the
Capital Direction (to be reflected as appropriate in future Budget
Monitoring reports for 2024/25).

vii.    
Agree to incorporate all medium-term Capital and Revenue
implications within the amended Medium Term Financial Plan and
Capital Strategy as part of the next annual Budget update through
Council in February / March 2025.

viii.    Note
that the Council will pursue all options available to pursue the
Landfill tax debt outstanding.