RESOLVED that Cabinet: -
(a) Noted the budget monitoring position for quarter three 2023/24, and the outcomes of the orderly closures of Future Places Ltd and Poole Housing Partnership; and
(b) Agreed the delegation for delivery of grants up to £1m as set out in Appendix C.
RECOMMENDED that Council:-
(c) Agree the acceptance of grants, delegations for delivery and capital virements for schemes over £1m as set out in Appendix C.
Voting: Unanimous
Portfolio Holder: Finance
Reason
To comply with accounting codes of practice and best practice which requires councils to regularly monitor the annual budget position and take any action to support the sustainability of the council’s financial position.
To comply with the council’s financial regulations regarding capital virements and acceptance of grants.