Decision Maker: Cabinet

Outcome: Recommendations approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: July 24, 2024

Purpose: The report will set out the comparison of Council’s performance against the approved strategy for the year for its borrowing and investment activities.

Content: RESOLVED That the Cabinet: a)             notes the outturn for the financial year 2023/2024 as summarised in this report FIN/658 b)             approves the addition of a Senior Project Manager within the Built Environment Team to be funded from existing and future capital projects. (para 9.9 of report FIN/658)   c)             approves the virement in the Capital Programme of £67k from Allotments to Goffs Park (para 9.8 of report FIN/658) d)             notes the carry forward requests detailed in Section 6 of report FIN/658 The Full Council be recommended to: a)             agree to the transfers of reserves and level of balances as outlined in Section 10 of report FIN/658.   b)             approve the addition to the Capital Programme of £1.1m funded from the Better Care Fund. (para 9.3 of report FIN/658).   c)             approve the addition to the Capital Programme of £60k for Three Bridges Station funded from S106 monies received. (para 9.6 of report FIN/658). Reasons for the Recommendations   To report to Councillors on the outturn, subject to audit, for the year compared to the approved budget.