Decision details

Cabinet considered a report on proposals to restructure the Council’s Financial Services.

Reason for Decision

An efficient and effective Financial Services structure was crucial in ensuring the Council had robust financial management arrangements and could set and monitor budgets effectively, ensuring good stewardship of public funds.

Alternative Options Considered and Discounted

To not agree to the termination costs and ask for the structure to be reconsidered. This would delay the ability to address the recommendations in the CIPFA, Grant Thornton and LGA reports and the actions in the Corporate Improvement Plan.

Agreed:-

(1)     that the Director of Finance be authorised to implement the restructure of the Financial Services section, as set out at Appendix 1 to the report now submitted;

(2)     that the termination costs associated with the restructure of Financial Services be approved.

Meeting ended at 3.09pm.