Decision details

Revenue Budget Monitoring Update

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


The Cabinet:


1.     commented on the contents of this report and particularly noted the progress being made with controlling the budget for 2018/19, including the intention to partially replenish earmarked and General Fund reserves to improve the resilience of the Council for future years;

2.     supported the use for urgency and agrees the expansion of the Capital Investment Programme to incorporate the recently announced additional funds from the Department for Transport for Local Highways Maintenance.

3.     Delegated to the Council’s Chief Finance (S151) Officer, in consultation with the Cabinet Member for Resources, the authority to sign a new Building Schools for the Future Public Finance Initiative (PFI) contract on behalf of the Council if the evidence shows that it will be a long-term benefit to the Council. See paragraph 2.9


Note – the Chair of Scrutiny Committee for Policies and Place has agreed the case for urgency for the decision relating to recommendation 2 to enable that decision to be taken by Cabinet and reported to the next meeting of Full Council.


Publication date: 23/01/2019

Date of decision: 23/01/2019

Decided at meeting: 23/01/2019 - Cabinet

Accompanying Documents: