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Decision - Budget Monitoring Report - Quarter 1

Decision details

Budget Monitoring Report - Quarter 1

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

Decision made (Unanimously):

 

That:

 

1.    Cabinet notes the report.

 

2.    Cabinet approves a virement of the £150,000 turnover savings target budget to reflect staffing savings achieved in the first period to the end of July 2019.

 

3.    Cabinet approves the creation of a new budget of £75,000 for hosting a music event in the Borough in summer 2020, to be funded from the forecasted underspend in the 2019/20 revenue to cash flow the initial phase of the festival preparations.

 

Report author: Jane Blundell

Publication date: 12/09/2019

Date of decision: 11/09/2019

Decided at meeting: 11/09/2019 - Cabinet

Effective from: 20/09/2019

Accompanying Documents:

 

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