Issue - decisions

Transformation fund - top up from the 2017/18 budget surplus

19/07/2018 - Transformation fund - top up from the 2017/18 budget surplus

            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.