Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Cabinet resolved to:
(i) Approve the Medium Term Financial Strategy and Reserves Policy 2021-22 to 2025-26 as set out in Appendices A and C to the report and the approach proposed to ensure the financial health of the Council over the medium term;
(ii) Approve the 2021/22 budget adjustments as detailed in paragraphs 9.1 - 9.5 of the report;
(iii) Approve the addition to the Capital Programme and drawdown of up to £927,000 from the Parking Reserve to fund upgrades to the CCTV control room and cameras, as detailed in paragraphs 9.6 - 9.9 of the report; and
(iv) Approve the drawdown of £1.05m from the Investment and Acquisition Strategy (IAS) reserve to fund additional resources to support the delivery of IAS returns, as detailed in paragraph 9.10 of the report.
Report author: Philip Gregory
Publication date: 14/07/2021
Date of decision: 13/07/2021
Decided at meeting: 13/07/2021 - Cabinet
Effective from: 22/07/2021
Accompanying Documents: