The Leader moved the
recommendations of the report, seconded by Councillor Wood, and
invited the Head of Service – Finance to present the
report.
The Head of Service –
Finance presented the report, making the following
points:
- this was an update
after six months of the financial year;
- the Section 151
Officer recommended that council take no action at this
stage;
- the General Fund
working balance was expected to return to the required level soon;
and
- the Council would
continue to receive a recovery grant.
The Head of Service –
Finance responded to Member’s questions in the following
terms:
- an answer would be
provided regarding the RingGo charges outside of the meeting;
and
- the underspend on the
Civic Centre relocation had been carried forward to pay an
instalment of the compensation payment next financial
year.
Following a vote the
recommendations of this report were CARRIED.