Issue - decisions

Transformation Fund 2021/22

11/06/2021 - Transformation Fund 2021/22

RESOLVED

 

i)       To approve the transfer of £111k from the General Fund reserve to the earmarked transformation reserve.

 

ii)      To delegate to the Chief Executive, in consultation with the Leader and Cabinet Member for Finance and Assets, the authority to use the transformation fund as appropriate.

 

REASON

 

To top up of the earmarked transformation reserve for projects that will help transform the Council in the future; being effectively funded from the 2020/21 budget surplus.