The Executive received a report summarising the Council’s finances at 31 July 2019.
The report requested authority to add additional revenue items to the 2019/20 budget. The items were carry forwards that had not been on the list approved by the Executive at its meeting on 16 July 2019, as clarification had been required on costs for 2018/19.
The Executive also considered a request to add 3 projects to the 2019/20 capital programme, as follows:
· Additional module for the Civica financial system – cost of £16,000. HMRC procedures around VAT accounting and making tax digital would affect local authorities from 1October 2019. The module would ensure that the Council complied with the legislation. The sum requested also included further implementation costs for the asset management module.
· Renovation grants – cost of £179,000. An additional grant had been received from the government and the budget could therefore be increased accordingly.
· ICT Switches – cost of £35,000. Following a review of the Council’s existing network infrastructure, additional switches were required which would provide improved network visibility and the ability to segregate network traffic for different workloads. This would improve both network performance and security.
RESOLVED that
(i) the report be noted; and
(ii) the revenue budget carry forwards for 2019/20, as set out at Annex B to the agenda report, be agreed.
RECOMMENDED to Council the additions to the 2019/20 capital programme, as set out in the agenda report, be agreed.