Issue - meetings

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

Cllr Elliott noted it had been through scrutiny, and the recommendations were that they draw down from their economic reserve of £700,000 which was set up for pandemic costs, and to put in a budget of £200,000 for extra funding for waste services fleet personnel. There is also a new filming trading account being set up, to identify outflows of the filming industry since they had Spielberg’s and Ricky Gervais’ programmes there.

Cllr Williams added that the filming account is temporary, to help them see what income they have from filming in the area rather than just adding it into different budgets. This will make it clearer for them to see the benefits and potential benefits that filming is bringing to the borough. In addition to this, it will allow them to offer support to areas where trade is disrupted by filming such as the Old Town. Cllr Williams asked if council agrees recommendations 1 to 5, page 89 and 90. Council agreed.

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