Issue - decisions
Q1 Finance Monitor 2014/15
09/09/2014 - 2014/15 Finance Monitor 1
Resolved: That Cabinet agree to:
(i) Note the current financial position of the Council, as set out in the report;
(ii) Allocate £600k of contingency to meet pressures in Health & Wellbeing, as set out at paragraph 23 of the report;
(iii) Invest £40k in the municipal bonds agency, as set out at paragraphs 31 and 32 of the report;
(iv) The virement of internal payments made between Health & Wellbeing and CANS as set out at paragraph 15 of the report;
(v) Donate £10k of the strike savings to support the work of food banks and the remaining saving to Health & Wellbeing, as set out at paragraph 29 of the report;
(vi) A travellers rent increase, as set out in paragraphs16 to 18 of the report.
Reason: To ensure expenditure is kept within the approved budget.