Decision details

Performance, Risk and Finance Monitoring Report October 2023

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

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

 

Decision:

Resolved

 

(1)           That, having given due consideration, the Council’s Performance, Risk and Financial report for the month of October 2023 be noted.

 

(2)           That the following use of reserves (app 5) be approved:

 

Directorate: Communities

Type: Earmarked

Description: Appeals & Legal Reserve

Reason: To mitigate forecast overspend with appeals and legal challenges

Amount £m: 0.209

Total Earmarked reserves £m: 0.209

 

(3)           That the use of £0.351m Commercial Risk within Policy Contingency to mitigate the increased recycling processing costs be approved.

 

Reason Key: Significant Expenditure or Savings and effect on communities in two or more wards;

Reason No Public Access: There may be exempt appendices by virtue of paragraph 3 of schedule 12A of Local Government Act 1972

Declarations: None

Subject to Urgent Proceedings: No

Contact: Celia Prado-Teeling, Performance Team Leader Email: celia.prado-teeling@cherwell-dc.gov.uk Tel: 01295 221556.

Report author: Celia Prado-Teeling

Publication date: 05/12/2023

Date of decision: 04/12/2023

Decided at meeting: 04/12/2023 - Executive

Effective from: 09/12/2023

Accompanying Documents: