Decision

Decision:

1     Note the quarter 4 outturn financial monitoring report and respective appendices 1-10;

2     Approve the creation of a Planning appeals and judicial reviews reserve of £500,000 as per the movements in Appendix 6;

3     Approve the delegations of authority to the Section 151 Officer, in consultation with the Corporate Leadership Board (CLB), to approve the use of the LGR Reserve where expenditure is:

i.          within the overall available balance of the reserve; 

ii.         the amount requested does not exceed £100,000 per                          individual request; and

iii.       is supported by an appropriate business case.

Reason(s):

1. To ensure that Councillors fulfil their responsibilities for the overall financial management of the Council’s resources.
2. To ensure budget is in place to deliver specific service requirements.

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.