Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The Chief Officer, Financial Services submitted a report which set out the Council’s projected financial health position for 2019/20 as at Month 7 of the financial year.
Responding to a Member’s enquiry, the Board received further information on the current position regarding Business Rates appeals and the impact of this upon the Collection Fund.
(a) That the projected financial position of the Authority as at Month 7 of the financial year, as detailed within the submitted report, be noted;
(b) That with regard to the risk that the budgeted level of capital receipts may not be receivable in 2019/20, the progress made to date and the work which is ongoing to identify budget savings proposals that will contribute towards the delivery of a balanced budget position in 2019/20, be noted.
Publication date: 16/01/2020
Date of decision: 07/01/2020
Decided at meeting: 07/01/2020 - Executive Board
Effective from: 17/01/2020