RESOLVED: That Council approved a capital budget allocation in 2023/24 of £200k for the initial work to develop and implement the new finance software system.
REASON FOR DECISION: A new finance system was expected to lead to more efficient processes and a better customer experience. A new finance system would incur up-front installation and development costs. These costs can be charged to capital but require a capital budget. Additions to the capital programme above £50k require approval by Full Council.