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: