Decision details

Quarterly Financial Update - Revenue, Quarter 2 2018/19

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

To receive an update on the latest revenue position; and to consider any write off requests, virements and any other financial decisions requiring Cabinet approval.

Decision:

(a)  That the reported and underlying financial position of the Council as at the second quarter of the year be noted;

 

(b)  That the management actions being undertaken by officers to reduce the budget pressures be noted;

 

(c)  That the budget virements as explained in paragraph 8.01 of the report be approved;

 

(d)  That the write offs as requested in paragraph 8.03 of the report be approved;

 

(e)  That the S151 officer be given delegated authority to sign a members resolution agreeing that Morgan Sindall Investments waive interest due to them from 1 January 2018 to the end of the Slough Urban Renewal Wexham Green project in order to charge a development management fee as in paragraph 9 of the report.

Report author: Barry Stratfull

Publication date: 09/11/2018

Date of decision: 19/11/2018

Decided at meeting: 19/11/2018 - Cabinet

Accompanying Documents: