Decision details

The Cabinet:

1.1       Noted the report and issues raised within and agreed that Leadership Team with Cabinet Members will continue to closely monitor and manage the Medium Term Financial Strategy.

1.2       Noted the transfers to earmarked reserves and the level of general and earmarked reserves at 31 March 2019.

1.3       Approved £819,000 of Capital Programme slippage related to 2018/19 being added to the Approved Budget in 2019/20 as outlined at appendix D of the Cabinet report.

1.4       Noted the Community Infrastructure Levy (CIL) financial year report which is in accordance with Regulation 62 of The Community Infrastructure Levy Regulations 2010 (as amended).

Agreed that Council be recommended:

1.5       To approve the actual 2018/19 Prudential Indicators contained within the report.

1.6       To increase the Investment Limit, for any group of pooled funds under the same management, from £4m per manager to £9m per manager.