Decision details

Monthly Performance, Risk and Finance Monitoring Report May 2022

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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 the monthly Performance, Risk and Finance Monitoring Report May 2022.

(2) That the following changes in use of reserves be approved:

Directorate	Type	Description	Amount £m
Communities	Ringfenced	Heat Networks Delivery	0.027
		Total Ringfenced	0.027
Communities	Earmarked	Development Management	0.335
Chief Executives	Earmarked	“Improving the Customer Experience” programme of works	0.050
Resources	Earmarked	Member laptops	0.028
Resources	Earmarked	Elections reserve	0.100
Communities	Earmarked	Country Parks	0.025
		Total Earmarked	0.538

(3) That authority be delegated to the Assistant Director of Finance, in consultation with the Portfolio Holder for Finance, to agree budget adjustments from the Policy Contingency Budget in excess of their £250,000 delegation where the budget adjustment is in accordance with the contingency.

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

Reason No Public Access: No

Declarations: None

Subject to Urgent Proceedings: No

Contact: Michael Furness, Assistant Director Finance & S151 Officer Email: michael.furness@cherwell-dc.gov.uk Tel: 01295 221845, Celia Prado-Teeling, Performance Team Leader Email: celia.prado-teeling@cherwell-dc.gov.uk Tel: 01295 221556.

Report author: Michael Furness

Publication date: 05/07/2022

Date of decision: 04/07/2022

Decided at meeting: 04/07/2022 - Executive

Effective from: 09/07/2022

Accompanying Documents: