Purpose

To inform the Executive of the
progress against our corporate priorities, a Leadership Risk update
linking to the performance and a financial update
 

Content

Resolved
 
(1)         
That the Council’s Performance, Risk and Financial report for
the current financial year up to the end of Quarter 3 2023 be
noted.

 
(2)         
That the following reserve requests be approved.

Directorate: Resources

Type: Earmarked

Description: Market Risk Reserve

Reason: Over-recovery of Treasury Income

Amount £m: (0.170)

Directorate: Resources

Type: Earmarked

Description: Transformation Implementation

Reason: Underspend withing Policy Contingency

Amount £m: (0.500)

Total Earmarked Reserves £m: 
(0.670)

 
(3)         
That the use of Policy Contingency of £1.476m to mitigate the
lower than budgeted in-year income of S31 grant be approved.

 
(4)         
That the repurposing of £0.030m from the Fairway Flats
Refurbishment project for the works at Cope Road Banbury approved
by S151 under delegation powers be noted.