The Heads of Financial Services and Business Improvement submitted a report to update Members on Finance, Risk and Performance as at the end of the financial yearto Cabinet on 10 July 2019.

The minutes of this meeting are available at Item 16 of this agenda.

Councillor Turner, the Cabinet Member for Finance and Asset Management, will present the report.

Recommendations: Cabinet recommends that Council:

1.    agree the inclusion of an additional £1.53m budget within the Housing Revenue Account in 2019-20 for completion of the Tower Block refurbishment scheme;

2.    agree the inclusion of £200k in 2019-20 in respect of costs to establish a citizens’ assembly together with associated staffing costs for reporting and research.

With the agreement of Council the Lord Mayor took this item just before the break.

Councillor Bely-Summers arrived for the start of this item.

Council considered a report of the Head of Financial Services submitted to the Cabinet on 10 July 2019 update Members on Finance, Risk and Performance as at the end of the financial year.

Councillor Turner, the Cabinet Member for Finance and Asset Management presented the report.

Councillor Brown answered questions about the proposals for the Citizens’ Assembly.

Councillor Turner moved the recommendations, which were agreed on being seconded and put to the vote.

Council resolved to:

1.    agree the inclusion of an additional £1.53m budget within the Housing Revenue Account in 2019-20 for completion of the Tower Block refurbishment scheme; and

2.    agree the inclusion of £200k in 2019-20 in respect of costs to establish a citizens’ assembly together with associated staffing costs for reporting and research.