Financial Recovery Plan - October Update Report
October 5, 2023 Executive, Council (Other) Awaiting outcome View on council websiteFull council record
Content
Resolved:
That the Executive:
(1)
approves the second issue of the
Financial Recovery Plan and recommends that it is endorsed by
Council at its meeting on 10 October 2023;
(2)
approves the discontinuation of
the Parish Councils Concurrent Functions Grants scheme from 1 April
2024; and
(3)
notes that the Interim s151
Officer has advised that sufficient progress has been made in the
current financial year to avoid a s114 report being issued at this
stage.
Reason for decision:
To
enable the Council to protect the current level of reserves and to
set a balanced budget and a robust Medium-Term Financial
Plan.
Other options considered and
rejected by the Executive:
None
Details of any conflict of
interest declared by the Leader or lead councillors and any
dispensation granted:
None.
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 5 Oct 2023 |