Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
It was RESOLVED:-
1.1 That, subject to any further budget variations that arise during the rest of the financial year, the shortfall in funds of £223k, referred to in section 5.8 of the report, be noted.
1.2 That the revised 2018/19 Capital Programme referred to in Appendix C and section 5.15 be approved.
Reason for Decision: To ensure that Members are kept informed of the current budgetary position for both General Fund Revenue and Capital.
Alternative Options Considered and Rejected: To either transfer funds of £223k from earmarked reserves to support the deficit. At this early stage in the year, make no recommendations for the transfer of surplus funds to reserves.
Any Declarations of Interest declared: None
Any Dispensation Granted: Yes
Publication date: 10/08/2018
Date of decision: 09/08/2018
Decided at meeting: 09/08/2018 - Babergh Cabinet
Effective from: 18/08/2018
Accompanying Documents: