Decision details

Corporate Revenue Monitor 2019/20 Month 7 - 31 October 2019

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

1            To delegate authority to the Strategic Director Finance and Governance, in consultation with the Cabinet Member for Finance and Commercial Services, all decisions necessary to produce the final accounts.

2            That Directors and Cabinet members urgently identify and deliver actions that offset the forecast General Fund overspend of £8.9m in accordance with the Council’s RFE Priority.

3            To approve the budget virement in appendix 9 and enter into an agreement with the GLA to receive £150,000 of funding from the Mayor’s Young Londoners Fund over three years to deliver the Motor Vehicle Project for Young People at risk of offending or re-offending.

4            To note the HRA forecast overspend.

Publication date: 04/02/2020

Date of decision: 03/02/2020

Decided at meeting: 03/02/2020 - Cabinet

Effective from: 07/02/2020

Accompanying Documents: