ORDERED that:
1.
Executive approve that an application for
Exceptional Financial Support (EFS) be made by the Chief Executive and Director
of Finance (s151 Officer) to the Department for Levelling Up Housing and
Communities (DLUHC) in order to finance forecast budget deficits and enable a
balanced budget to be set for 2024/25 as required by statute.
2.
Executive delegate authority to the Chief
Executive and Director of Finance to negotiate the quantum and terms of the
application in consultation with the Elected Mayor and Executive Member for
Finance and Governance