The Head of Financial Services and Head of Business Improvement submitted a report to Cabinet on 15 December 2021 to update Cabinet on Finance, Risk and Corporate Performance matters as at 30 June 2021.

The Cabinet decisions are set out in the minutes of that meeting (included in this agenda at item 10).

Cabinet Member Cllr Turner will present the report and propose Cabinet’s recommendation.

Recommendation:

Cabinet recommends that Council resolves to

1.    Agree the addition of £2 million into the Homelessness budget, which will be fully funded by grant, as per paragraphs 9 and 10

Council considered the report from the Head of Financial Services and Head of Business Improvement seeking approval for the addition of £2m into the Homelessness budget.

Cllr Latif joined the meeting.

Cllr Brown, Leader and Cabinet Member for Inclusive Growth, Economic Recovery and Partnerships introduced the report on Cllr Turner’s behalf, proposed the recommendations and answered questions.

The recommendations were agreed on being seconded and put to the vote.

Council resolved to:

Agree the addition of £2 million into the Homelessness budget, which would be fully funded by grant, as per paragraphs 9 and 10 of the report.

The Head of Financial Services and Head of Business Improvement have submitted a report to update the Cabinet on Finance, Risk and Corporate Performance matters as at 30^th June 2021.

Cabinet is recommended to:

1.    Note the projected financial outturn as well as the current position on risk and performance as at 30 Sept 2021; and  

2.    Recommend to Council the addition of £2 million into the Homelessness budget, which will be fully funded by grant, as per paras 9 and 10.

The Head of Financial Services and Head of Business Improvement had submitted a report to update the Cabinet on Finance, Risk and Corporate Performance matters as at 30 June 2021.

Cllr Ed Turner, Cabinet Member for Finance and Asset Management introduced the report which had been prepared in the context of a significant draw down of reserves. He drew attention to the welcome addition of £2m to the homelessness budget.

Cabinet resolved to:

1.    Note the projected financial outturn as well as the current position on risk and performance as at 30 Sept 2021; and  

2.    Recommend to Council the addition of £2 million into the Homelessness budget, which will be fully funded by grant, as per paras 9 and 10.