Decision details

To provide a monthly budget monitoring report to Executive

Resolved

(1)          That the contents of the council’s financial management report as at the end of May 2024 be noted.

(2)          That the use of reserve requests as set out in Appendix 5 of the report be approved.

(3)          That the write offs totalling £398,796.89 as set out in exempt Appendix 6 be approved.

(4)          That the reprofile of the following capital project beyond the 2024/25 financial year (already been assumed in Appendix 1 to the report) be

approved:

·         40296 – S106 Ambrosden Outdoor Sports - £0.130m

(5)          That the consolidation of the three projects relating to North Oxfordshire Academy (40309 – S106 NOA Improvements - £0.678m, 40010 – North Oxfordshire Academy Astroturf - £0.134m and 40323 – NOA 3G Pitch Development - £1.600m) be approved and it be noted the total project cost was now expected to be £1.600m, and the reprofile of the project beyond the 2024/25 financial year (already assumed in Appendix 1 to the report) be approved.