Decision details

Performance, Risk and Finance Monitoring Report Quarter 1 2024 - 2025

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To consider the Quarter 1 2024/2025 Finance, Performance and Risk Report

Decision:

Resolved

 

(1)          That the council’s performance, risk and finance 2024-2025 Quarter 1 report be noted.

 

(2)          That the use of reserve requests set out at Appendix 5 of the report be agreed.

 

(3)          That the reprofiling of capital projects beyond 2024/25 set out at Appendix 1 and the subsequent update to the programme budget for this financial year be approved.

 

(4)          That the virement between capital schemes agreed under officer delegation of £0.045m from ‘Banbury Health Centre’ to ‘Community Centre – Works’ be noted.

 

(5)          That the use of S106 funding amounting to £0.560m to deliver more self-contained units of temporary accommodation within Cherwell in partnership with South Oxfordshire Housing Association 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: Leanne Lock, Strategic Business Partner - Business Partnering & Controls Email: leanne.lock@cherwell-dc.gov.uk Tel: 01295 221558, Celia Prado-Teeling, Performance Team Leader Email: celia.prado-teeling@cherwell-dc.gov.uk Tel: 01295 221556.

Report author: Leanne Lock

Publication date: 10/09/2024

Date of decision: 09/09/2024

Decided at meeting: 09/09/2024 - Executive

Effective from: 17/09/2024

Accompanying Documents: