Anticipated reasons for restriction

Budget Report & MTFS Update

By virtue of paragraph(s) 3, 5 of Part 1 of Schedule 12A of the Local Government Act 1972.

Explanation of Reasons

Reason restricted justification

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.