Decision Maker: Weymouth & Portland Borough Council Management Committee
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To review and potentially use reserves and capital receipts to support once-off funding for projects and schemes.
(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: