Decision Maker: Cabinet, Council
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To provide the Council with an update on the
budget position at the end of quarter 2, covering:
• General Fund Revenue
• General Fund Capital Programme
• Housing Revenue Account
*RESOLVED –
That it be recommended to full Council:
1. That the financial performance in the first half of the financial year and the new medium term financial forecast be noted.
2. That the changes to the medium term financial forecast, as outlined in section 4 and section 6 of the officer’s report, be approved.
3. That the proposed use of reserves and the new applications for funding, as set out in section 5 of the officer’s report, be approved.
4. That the updated capital programme, as detailed in section 7 of the officer’s report, be noted.
5. That the proposed additions to the capital programme, as detailed in paragraph 7.2 of the officer’s report, be approved.
6. That the position of the Housing Revenue Accounts budgets, as detailed in section 8 of the officer’s report, be noted.
7. That the budget preparation guidelines, as set out in paragraph 9.1 of the officer’s report, be approved.
8. That the planned approach to budget consultation, as detailed in paragraph 9.3 of the officer’s report, be approved.
REASON FOR DECISIONS
To actively manage the Council’s finances in the current financial year and forecast forward the emerging budget position to future financial years.
Reason Key: Decision to spend £100,000 or more from an approved budget;
Wards Affected: (All Wards);
Contact: Richard Staniforth Email: richard.staniforth@chesterfield.gov.uk Tel: 01246 345456.
Report author: Richard Staniforth
Publication date: 22/10/2019
Date of decision: 22/10/2019
Decided at meeting: 22/10/2019 - Cabinet
Accompanying Documents: