Decision details
Transformation fund - top up from the 2016/17 budget surplus
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Decision:
RESOLVED
(i) That the transfer of £500,000 from the General Fund reserve to an earmarked transformation reserve be approved.
(ii) That the Chief Executive, in consultation with the Leader, be authorised to use the transformation fund as appropriate.
REASON
To top up the earmarked transformation reserve for projects that will help transform the Council in the future; being effectively funded from the 2016/17 budget surplus.
Publication date: 21/09/2017
Date of decision: 21/09/2017
Decided at meeting: 21/09/2017 - Cabinet
Effective from: 30/09/2017
Accompanying Documents: