Decision details

Release of General Fund Reserves 2007/08

Reference: D32464

Decision Maker: Executive Board

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decisions:

The Director of Corporate Services submitted a report seeking approval to release funds to support a number of one off initiatives which were not accommodated in the 2007/08 budget.

 

The report proposed spending on the following initiatives:-

 

  • Area Committees   -  £500,000
  • Cultural Activities  -    £60,000
  • Co-Location costs with the

   Chamber of Commerce  -    £50,000

  • Town and District Car Parking Study  -    £60,000

 

RESOLVED – That the release of £670,000 from general fund reserves to support the above initiatives be approved.

 

Publication date: 06/04/2007

Date of decision: 04/04/2007

Decided at meeting: 04/04/2007 - Executive Board

Accompanying Documents: