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: