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 during August 2023.

Recommendations

The meeting is recommended:

1.1         To consider and note the contents of the Council’s Performance, Risk and Financial report for the month of August 2023.

1.2         To approve the Risk Strategy 2023 – 24 (Appendix 8).

1.3         To note the change in the reporting cycle for the five monitoring only measures from monthly to quarterly.

1.4         To approve the use of reserves in Appendix 5.

1.5         To approve the £0.108m additional grant funding for the Disabled Facility Grant Capital Project.

Resolved

(1)          That the Council’s Performance, Risk and Financial report for the month of August 2023 be noted.

(2)          That the Risk Strategy 2023 – 24 be approved.

(3)          That the change in the reporting cycle for the five monitoring only measures from monthly to quarterly be noted.

(4)          That the use of reserves (Appendix 5 to the report) be approved.

(5)          That £0.108m additional grant funding for the Disabled Facility Grant Capital Project be approved.

The Assistant Director Finance and Assistant Director Customer Focus submitted a report which provided an update on how well the council was performing in delivering its priorities, managing potential risks, and balancing its finances during August 2023.

Resolved

(1)          That the Council’s Performance, Risk and Financial report for the month of August 2023 be noted.

(2)          That the Risk Strategy 2023 – 24 be approved.

(3)          That the change in the reporting cycle for the five monitoring only measures from monthly to quarterly be noted.

(4)          That the use of reserves (annex to the Minutes as set out in the Minute Book) be approved.

(5)          That £0.108m additional grant funding for the Disabled Facility Grant Capital Project be approved.

Reasons

This report provides an update on progress made during August, 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 for August, therefore there are no alternative options to consider. However, members may wish to request further information from officers for inclusion.