Agenda and decisions

To confirm as a correct record the Minutes of the meeting held on 9 September 2024.

To receive communications from the Chairman.

Report of Assistant Director of Finance  & Section 151 Officer,

Purpose of report

To update Executive on the council’s financial position at the end of the August 2024.

Recommendations

The Executive resolves:

1.1         To consider and note the contents of the council’s financial management report as at the end of August 2024 (Appendices 2-4).

1.2            To approve the use of reserve requests (Appendix 5).

1.3         To approve the reprofiling of capital projects beyond 2024/25 (Appendix 1) and the subsequent update to the programme budget for this financial year.

1.4         To approve the reprofiling of £0.393m from future years budget into the 2024/25 capital project for Castle Quay (cost centre 40144), please note this has been reflected throughout the report.

1.5         To note the use of £0.133m from the Digital Futures Programme capital budget (Cost Centre 40326) to progress work on the Robotic Process Automation Pilot.

Resolved

(1)            That the council’s financial management report as at the end of August 2024 be noted.

(2)            That the use of reservse requests, set out at Appendix 5 to the report, be approved.

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

(4)            That the reprofiling of £0.393m from future years budget into the 2024/25 capital project for Castle Quay (cost centre 40144) be approved.

(5)            That the use of £0.133m from the Digital Futures Programme capital budget (Cost Centre 40326) to progress work on the Robotic Process Automation Pilot be noted.

(6)            That the forecast overspend be noted and Council be recommended to agree an increase in the capital budget for CDC Office Relocation to Castle Quay project by £0.646m.

The following reports contain exempt information as defined in the following paragraph of Part 1, Schedule 12A of Local Government Act 1972.

3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information).

Members are reminded that whilst the following items have been marked as exempt, it is for the meeting to decide whether or not to consider them in private or in public. In making the decision, Members should balance the interests of individuals or the Council itself in having access to the information. In considering their discretion members should also be mindful of the advice of Council Officers.

No representations have been received from the public requesting that this item be considered in public.

Should Members decide not to make decisions in public, they are recommended to pass the following resolution:

“That under Section 100A of the Local Government Act 1972, the public and press be excluded from the meeting for the following items of business on the ground that, if the public and press were present, it would be likely that exempt information falling under the provision of Schedule 12A, Part 1, Paragraph 3 would be disclosed to them, and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.”

Exempt report of Assistant Director Property

Resolved

(1)            As set out in the exempt decisions

(2)            As set out in the exempt decisions

Exempt report of Assistant Director Finance

Resolved

(1)            As set out in the exempt decisions

(2)            As set out in the exempt decisions