Decision details

Purpose of report: To provide overview of the councils overall finance and performance position at the end of Q4 20-21.

The Executive are asked to note and approve.

Resolved:  (i)      That the year end position be noted.

(ii)      That the finance and performance information in the report be noted.

(iii)     That the extension to March 2023 for the letter of credit to York Museums Trust, as outlined in paragraphs 20 to 24 of the report, be approved.

(iv)    That approval be given for the use of contingency and reserves outlined in paragraphs 14 to 16.

(v)     That the carry-forward of HRA reserves outlined in Annex 1 be approved.

Reason:     To ensure that significant financial issues can be appropriately dealt with.