(a) That the draft outturn and the financial
performance for the year ended 31 March 2022, be noted.
(b) That the revised financial strategy
statement set out in appendix 1 and reserves position set out in the main body
of the report, be agreed.
(c) That the position and actions around the
arrears of council tax business rates and other incomes, be agreed.
(d) That the progress made against the action
plan that was developed following the finance peer challenge review, as
summarised in the update letter at appendix 2 of the report, be noted.
Reason for the
decision
To report the financial outturn and financial performance for the year
ended 31 March 2022.
To review the risks the organisation now faces; to consider areas where
it wishes to make strategic investments and/or to repurpose and prioritise its
reserves to facilitate these aims.