Decision details

Cabinet Agreed 

1. Recommends to Council to draw down an additional £700k from the Economic Recovery Reserve to support Covid- related pressures on General Fund budgets.

2. Recommends to Council the approval of a supplementary revenue budget of £200k in the Waste Services employees budget, funded from the Savings Efficiencies Reserve.

3. Approves transfer of budgets to set up a new Filming trading account:

•           Approves a budget virement from the Car Parking income budget to a newly created Filming budget of £60k.

•           Approves a budget virement from the Old Town Hall income budget to a newly created Filming budget of £21k.

4. Recommends to Council approval of the revised capital programme to move £13.81m slippage identified at Quarter 2 into financial year 2022/23 as detailed in Appendix C.

5. Recommends to Council the following supplementary capital budgets:

•           £0.135m for Town Centre Access Improvements project, funded from a capital contribution

•           £0.9m for Aragon Close Move-On Accommodation, 50% funded from the Department for Levelling Up, Communities and Housing (DLUHC) Rough Sleepers Accommodation Programme.

•           £0.3m to support development of Move-On Accommodation by Hightown Housing Association at Alexandra Road