Minutes:
RESOLVED:-
(i) that Executive Directors/Directors be requested (where appropriate) to provide detailed plans on how their forecast overspends will be brought back into line with existing budgets on a recurrent basis;
(ii) that approval be given to write off £0.997m of historical bad debts as shown at section 6 of the report now submitted;
(iii) that the budget virements at Appendix 1 of the report be approved;
(iv) that the potential impact of the Quarter 1 monitoring position on the Council’s Medium Term Financial Strategy detailed at section 7 of the report be noted;
(v) that the updated reserves position as outlined in section 8 of the report be noted and note that this has also been incorporated into an updated Medium Term Financial Strategy (MTFS), which will be reported separately to Cabinet in due course; and
(vi) that the Invest to Grow schemes provided in the table at Section 8 be approved.
Supporting documents: