Decisions

To update the Executive on the budget position throughout the year and provide an estimate of the outturn position at year-end (31 March 2020)

That:

1)         the current position of the revenue budget to date be noted;

2)        the forecast of outturn and the projected level of balances in respect of the General Fund be noted:

3)        the Constitution Review Working Group be asked that future spend approval of available S106 developer contributions in relation to the Council’s My Journey travel programme be approved through Individual Executive Member Decision;

4)        an in year supplementary estimate of £630k, in relation to increased pressure for legal support and additional workload from planning appeals, be approved and additional pressures for future years of £320k in 2020/21 and £170k in 2021/22 be noted.

That the payment of monies from the Peach Place redevelopment to the Local Planning Authority be agreed in accordance with the viability thresholds and values identified in Appendix A to the report.

To consider the Capital Monitoring report to the end of September 2019

That:

1)        the quarter two position for the Capital Budget, as set out in Appendix A to the report, which shows a £2k variance forecast underspend against budget be noted;

2)        the new budget adjustments in the Capital Programme for 2019/20, as set out in Appendix B to the report, be noted and approved.