Decision

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.