Decision details
Money Matters: 2021/22 Review of Financial Performance against the Financial Strategy
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To note the report and the issues raised on this.
Decision:
The Cabinet:
1.1. Noted the report and issues raised within and that Leadership Team with Cabinet Members, will continue to closely monitor and manage the Medium Term Financial Strategy.
1.2. Approved an update to the draft Medium Term Financial Strategy elsewhere on this agenda to repurpose the earmarked reserve identified at paragraphs 3.8 and 3.9 of £505,291 for the purposes identified at paragraph 3.10.
1.3. Accepted the Disabled Facilities grant allocation for 2021/22 of £1,109,194 and to increase the Approved Budget by £203,000 (from £1,100,000 to £1,303,000 with an element profiled for spend in later years).
Report author: Anthony Thomas
Publication date: 09/02/2022
Date of decision: 08/02/2022
Decided at meeting: 08/02/2022 - Cabinet
Accompanying Documents: