Decision details


Performance, Risk and Finance Monitoring Report November 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 the Council’s Performance, Risk and Financial report for the month of November 2023 be noted.

 

(2)           That the following reserve requests be approved:

·       Directorate: Resources

·       Type: Earmarked

·       Description: Market Risk Reserve

·       Reason: Over-recovery of Treasury Income

·       Amount £m: (0.130)

·       Total Earmarked Reserves £m: (0.13)

  

(3)           That the addition of £1.6m capital spend in relation to Grant agreements that have been concluded with two registered providers of social housing, Sanctury Housing and South Oxfordshire Housing Association (SOHA) to bring homes forward under the central government resettlement scheme Local Authority Housing Fund Round 2 allocation received by Cherwell be approved.

 

(4)           That authority be delegated to Assistant Director Wellbeing and Housing to award grants from the Local Authority Housing Fund Round 2 allocation, in consultation with the Monitoring Officer and s151 Officer, to secure additional social housing in the district with the intention that first let is to refugee families.

 

Reason Key: Significant Expenditure or Savings;

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: 09/01/2024

Date of decision: 08/01/2024

Decided at meeting: 08/01/2024 - Executive

Effective from: 13/01/2024

Accompanying Documents: