Meeting documents

Weymouth & Portland Borough Council Management Committee
Tuesday, 18th April, 2017 9.30 am

Decision details

Consideration of once-off funding to support projects and schemes

Decision Maker: Weymouth & Portland Borough Council Management Committee

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To review and potentially use reserves and capital receipts to support once-off funding for projects and schemes.

Decision:

(a)       That there be an informal workshop of the Management Committee in May to discuss the various projects and potential uses of the once-off funding.

 

(b)       That the committee agrees to release £1,380,000 from general reserves, the  £512,000 Treasury Management Reserve and the £708,000 Borough Development to support key corporate priorities.

 

(c)        That for the allocation of funding, authority be delegated to the Strategic Director (Jason Vaughan) & Section 151 Officer in consultation with the Budget Working Group and be reported back to a future meeting of the Management Committee.

Report author: Kate Critchel

Publication date: 19/04/2017

Date of decision: 18/04/2017

Decided at meeting: 18/04/2017 - Weymouth & Portland Borough Council Management Committee

Accompanying Documents: