Issue - decisions
Quarterly Integrated Report, Finance & Performance Q1
This item was taken after the break to allow the Board Member to present it.
Council considered a report of the Head of Financial Services and Head of Business Improvement, submitted to the City Executive Board on 18 September 2018, updating Council on finance risk and performance and seeking agreement for new expenditure requests for 2018/19.
Councillor Turner, Board Member for Finance and Asset Management, presented the report and moved the recommendations which were adopted on being seconded and put to the vote.
Council resolved to:
1. approve the increase of the HRA capital budget for Social Rented Housing Acquisitions by £0.444 million to a total of £1.479 million. This will be fully funded by Retained Right to Buy capital receipts; and
2. approve the additional capital budget for the Replacement of the Housing Computer System of £0.450 million