Decision details

Monthly Performance, Risk and Finance Monitoring Report August 2022

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 Reports for  August 2022 be noted.

 

(2)          That it be agreed to create an income and expenditure budget of £0.503m for the Homes for Ukraine Grant be created.

 

(3)          That an additional Capital Project to be included within the Capital Programme for a new mains electrical connection to accommodate the newly installed Air Source Heat Pump (ASHP) to operate at Kidlington Leisure Centre be agreed.

 

(4)          That the following changes to reserves as detailed in the Annex to the Minutes (as set out in the Minute Book) be approved:  

 

Directorate

Type

Description

Amount £m

Communities

Earmarked

Works in Default

0.040

Communities

Earmarked

Castle Quay

0.671

 

 

Total Earmarked Reserves

0.711

 

 

Reason Key: Significant Expenditure or Savings;

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: 04/10/2022

Date of decision: 03/10/2022

Decided at meeting: 03/10/2022 - Executive

Effective from: 08/10/2022

Accompanying Documents: