Agenda item

·  Recovery and Renewal – Achieving Financial Sustainability

·  Financial Management Update  - Financial Action Plan  

A)  Recovery and Renewal Plan

It was moved by Councillor Swindlehurst,

Seconded by Councillor Akram,

a) “Note the plans being developed for the recovery and renewal of Slough Borough Council as set out in Appendix 1.

b)  Note the timelines set out in this report to achieve the ambitious timescales set out in the Council’s recovery and renewal plan.”

The recommendations were put to the vote and agreed unanimously.

Resolved –

a)  Note the plans being developed for the recovery and renewal of Slough Borough Council as set out in Appendix 1.

b)  Note the timelines set out in this report to achieve the ambitious timescales set out in the Council’s recovery and renewal plan.

B)  Financial Management Update  

The Mayor varied normal procedure rules to allow the Director of Finance/ Section 151 Officer to address the meeting; following which Members asked  a number of questions.

It was moved by Councillor Swindlehurst,

Seconded by Councillor Akram,

“That the current position of the financial recovery work be noted.”

The recommendation was put to the vote and agreed unanimously.

Resolved - That the current position of the financial recovery work be noted.