Issue - meetings

RESOLVED:

1.    That the highway repairs expenditure be funded from capital was approved.

2.    That the School funding increase (c£7.3m) due to Teacher Pension contribution grant and Teachers Pay grants from the Department for Education was approved.

3.    That procurement of new fire appliances could proceed was authorised.

4.    That the Council’s forecast revenue and capital budget positions for the year was noted.

Reason for decision:

This report complied with the agreed policy of providing a monthly budget monitoring report to Cabinet for approval of any necessary actions.

[The decisions on this item can be called in by the Resources and Performance Select Committee]

The Cabinet Member for Finance introduced the month six monitoring report that provided the details of the County Council’s 2019/20 financial position as at 30 September 2019 (M6) for revenue and capital budgets, the expected outlook for the remainder of the financial year and also as a quarter-end report.  It also included Treasury Management and Debt.  The Cabinet Member also highlighted some of the challenges that were being addressed.

The Leader of the Council spoke of continuing progress and the hard work of officers and Members to get the council into a better financial position.

RESOLVED:

1.    That the highway repairs expenditure be funded from capital was approved.

2.    That the School funding increase (c£7.3m) due to Teacher Pension contribution grant and Teachers Pay grants from the Department for Education was approved.

3.    That procurement of new fire appliances could proceed was authorised.

4.    That the Council’s forecast revenue and capital budget positions for the year was noted.

The decision was unanimous.

Reason for decision:

This report complied with the agreed policy of providing a monthly budget monitoring report to Cabinet for approval of any necessary actions.

[The decisions on this item can be called in by the Resources and Performance Select Committee]