Issue - decisions

RESOLVED: (i)         That the performance issues identified in the report be noted.

REASON:      So that corrective action on these issues can be taken by Members and directorates.

                        (ii)        That the finance issues identified in the report, in particular the current forecasted pressures, be noted, and that it be acknowledged that work is ongoing to reduce these in time for the Monitor 2 report to the Executive on 16 November 2010.

REASON:      So that the Council’s expenditure can be contained within budget, where possible, by the end of the financial year.

                        (iii)       That, in accordance with Financial Regulations, approval be given to release £20k from contingency to fund the inward investment post referred to in paragraph 54 of the report.

REASON:      To enable the continuation of the Council’s role in promoting inward investment in the City.

                        (iv)       That the three new Key Corporate Risks set out in paragraph 70 of the report be approved.

REASON:      So that the monitoring of these risks is presented to Members on a regular basis.