Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Provisional year end position (subject to audit) on the General Fund services for both Revenue and Capital Expenditure for the 2023-24 financial year.
Cabinet
1) NOTED the provisional year end position, variations to the 2023-24 approved budget and the resultant effect on the Council’s balances and reserves for General and Special Expenses and revenue and capital;
2) Subject to final confirmation from Government, APPROVED the re-purposing of the £2m Levelling Up Fund (LUF) grant from the theatre to the Stockyard project to fund improvements to the existing trader hall and associated infrastructure in support of an enhanced cultural offer;
3) INCREASED the current £11m in the capital programme for the stockyard project to £13m, the additional £2m being fully funded through the LUF grant;
4) APPROVED submission of a planning application in relation to the required works.
Report author: David Scott
Publication date: 10/07/2024
Date of decision: 09/07/2024
Decided at meeting: 09/07/2024 - Cabinet
Accompanying Documents: