Resolved
(1) That Council’s Performance, Risk and Financial for the current financial year up to the end of Quarter 2 2023 be noted.
(2) That the following use of reserves be approved:
Directorate: Resources
Type: Earmarked
Description: Elections Reserve
Reason: To cover election costs
Amount £m: 0.070
Directorate: Resources
Type: Earmarked
Description: Market Risk Reserve
Reason: Over-recovery of Treasury Income
Amount £m: (0.448)
(3) That £0.030m grants funding for the UKSPF Community Facilities be approved.
(4) That the S106 funding for Longford Park Sports Pitches amounting to £0.050m be approved.
(5) That the S106 funding for Deddington Parish Council projects amounting to £0.040m be approved.
(6) That the increase in Building Safety Regulator hourly rate to £71.32 be approved.
(7) That the following write offs of £0.787m be approved and it be noted that they will be funded by the bad debt provision:
|
Debt to be written off |
£m |
|
Sundry debts over £0.005m to be written off |
0.774 |
|
Housing Benefit Overpayments to be written off |
0.013 |
|
Council Tax to be written off |
0.000 |
|
Total write offs for approval |
0.787 |