Issue - meetings

Report of the Cabinet meeting on 10 September 2019

Quarter 1 Finance Report  2019/20 – To provide an update on the forecast full year financial position of the Council at 30^th June 2019 (Cabinet minute 29/19)(Cabinet agenda item 7)

Please note that the appendices associated with this report are not for publication by virtue of Paragraph 3 (Information relating to the financial or business affairs of any particular person (including the authority holding that information)) in Part 1 of Schedule 12A of the Local Government Act 1972, and are therefore attached to this agenda as item 17 .

Consideration was given to the report of the Cabinet which sought approval for the Cabinet’s recommendations:

Quarter 1 Finance Report 2019/20 – To provide an update on the forecast full year financial position of the Council at 30^th June 2019 (Cabinet minute 29/19) (Cabinet agenda item 7)

The Portfolio Holder – Finance introduced the report concerning the Quarter 1 Finance Report 2019/20.  The Portfolio Holder stated that this was to provide Members with information on the full year financial position of the Council as at 30 June 2019.

The Portfolio Holder – Housing and Health addressed Council to advise Members that a significant rise in homelessness and the pressure placed on the Council to reduce homelessness under the Homelessness Reduction Act had an affect on finances.

Councillor Alcock asked the Portfolio Holder – Finance for an explanation regarding the £143k Leisure Management mobilisation.  The Environmental Services Manager explained that this amount related to the Leisure Centre and would be paid back by agreement with Parkwood.

Note: As this item contained exempt information it was concluded in the Exempt part of the agenda with the exclusion of the press and public (Please see minute number 58).