Decision type: Key
Decision status: For Determination
Notice of proposed decision first published: 04/04/2019
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
This decision was included in the June edition of the Forward plan [version 80]. However, it has been ascertained in the compilation of the report and early analysis of budget figures that some additional recommendations are required to be put forward to cabinet concerning invest to save proposals in respect of Children’s Services, required changes to the Budget and MTFS, and potential changes to the Council’s financial support to Alexandra Palace (APPCCT), relating to the Council’s responsibilities as Trustee . These recommendations cannot await the September meeting due to the need to progress these items to ensure the delivery of our current year budget and MTFS for 2020/21and to meet out statutory requirements as charity trustees for Alexandra Palace. The report also include exempt information to be considered in the private part of the meeting.
Decision due: 9 Jul 2019 by Cabinet
This report provides an update on the budget and Medium Term Financial Strategy (MTFS) as well as on the National economic picture and local authority funding. The report seeks agreement to Invest to Save proposals in respect of Children’s Services and a number of other changes to the Budget and MTFS, and makes recommendations relating to potential changes to the Council’s financial support to Alexandra Palace (APPCCT), relating to the Council’s responsibilities as Trustee.
Lead member: Cabinet Member for Finance and Strategic Regeneration
Lead director: Director of Finance
Contact: Director of Finance.