Agenda item

Report of Assistant Director – Finance and Assistant Director – Customer Focus.

Purpose of report

To give the committee an update on how well the council is performing in delivering its priorities, managing potential risks, and balancing its finances for 2023/24 up to the end of July 2023.

Recommendations

The meeting is recommended:

1.1          To note the Council’s Performance, Risk and Financial report for the current financial year up to the end of July 2023 and its contents.

1.2          To note the inclusion of a capital budget under officer delegated authority of £0.160m to provide a grant to the Canal & River Trust funded through S106 developer contributions in recognition of our commitment to the canal as an important asset in the district.

1.3          To approve £0.112 m for the Digital Transformation Capital Project.

Resolved

(1)           That the Council’s Performance, Risk and Financial report for the current financial year up to the end of July 2023 be noted.

(2)           That the inclusion of a capital budget under officer delegated authority of £0.160m to provide a grant to the Canal & River Trust funded through S106 developer contributions in recognition of our commitment to the canal as an important asset in the district be noted.

(3)           That £0.112 m for the Digital Transformation Capital Project be approved.

The Assistant Director – Finance and Assistant Director – Customer Focus submitted a report to update Executive on how well the council was performing in delivering its priorities, managing potential risks, and balancing its finances for 2023/24 up to the end of July 2023.

Councillor Broad, Chairman of Overview & Scrutiny Committee addressed the Executive. Cllr Broad reported that the Overview & Scrutiny Committee had asked general questions of clarification on the report but had no specific comments to make to Executive and had noted the report.

Resolved

(1)          That the Council’s Performance, Risk and Financial report for the current financial year up to the end of July 2023 be noted.

(2)          That the inclusion of a capital budget under officer delegated authority of £0.160m to provide a grant to the Canal & River Trust funded through S106 developer contributions in recognition of our commitment to the canal as an important asset in the district be noted.

(3)          That £0.112m for the Digital Transformation Capital Project be approved.

Reasons

This report provides an update on progress made between April and July, to deliver the council’s priorities, manage potential risks and remain within the agreed budget.

Alternative options

This report summarises the council’s performance, risk, and financial positions up to the end of July, therefore there are no alternative options to consider. However, members may wish to request further information from officers for inclusion.