Decision details

RESOLVED:

1.    That the revised makeup of the original General Fund Net Budget Requirement for 2021/22 as set out in appendix 1 to the report, be adopted;

2.    That the lead Portfolio Holder(s) for each project as included within the Council’s Capital Programme for 2021/22, as set out in appendix 2 to the report, be confirmed; and

3.    That delegated authority for the Section 151 Officer to make further adjustments between Portfolios if necessary, be approved.

REASONS FOR DECISION:

As set out in the report.

KEY DECISION:

No.

PORTFOLIO:

Finance, Investment and Corporate Services / All.

ALTERNATIVE OPTIONS CONSIDERED/REJECTED:

As set out in the report.

DECLARATIONS OF INTEREST(S):

None.

DISCUSSION:

The Portfolio Holder introduced the report and highlighted the matter as an important step of housekeeping to align the new officer and member structures with the previously agreed budget.  This ensured transparency and an ease of understanding for anyone using or looking at the District Council’s finances.

In response to one Member’s questions on appendix 3, which identified the authorisation levels required as part of the Council’s financial regulations, it was confirmed that consultation and engagement with the relevant individual Portfolio Holders took place prior to any financial decisions reserved only for the Cabinet to take.