Decision details
Transformation fund - top up from the 2018/19 budget surplus
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Decision:
RESOLVED
That Cabinet
i) Approved the transfer of £0.144m from the General Fund reserve to the earmarked transformation reserve.
ii)
iii) Delegated to the Chief Executive in consultation with the Leader, the authority to use the transformation fund as appropriate.
Reasons for recommendations
i) To top up of the earmarked transformation reserve for projects that would help transform the Council in the future; being effectively funded from the 2018/19 budget surplus.
Publication date: 25/07/2019
Date of decision: 25/07/2019
Decided at meeting: 25/07/2019 - Cabinet
Effective from: 03/08/2019
Accompanying Documents: