Decision details
Q1 Financial Report 2022/23
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To note the quarter 1 financial report 2022/22.
Decision:
Cabinet RESOLVED:
(1) To note the overall financial position and the actions being taken to manage the issues arising.
(2) To delegate to the Director of Finance, in consultation with the Deputy Leader, authority to revise the terms of the loan agreement between the Council and i4B Holdings Ltd and First Wave Housing to allow borrowing within all tenures provided by the Public Works Loan Board for the reasons detailed in paragraphs 4.10 to 4.12 of the report.
Wards Affected: (All Wards);
Contact: Ravinder Jassar, Deputy Director Corporate and Financial Planning Email: ravinder.jassar@brent.gov.uk Tel: 0208 937 1487.
Report author: Ravinder Jassar
Publication date: 18/07/2022
Date of decision: 18/07/2022
Decided at meeting: 18/07/2022 - Cabinet
Effective from: 26/07/2022
Accompanying Documents:
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