Decision made (Unanimously):
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.