Issue - meetings

Budget monitoring 2018/19 - Drawdown of Carry Forwards from Central Contingency

 

 

Meeting: 05/07/2018 - Executive, Resources and Contracts Policy Development and Scrutiny Committee (Item 18)

18 BUDGET MONITORING 2018/19 - DRAWDOWN OF CARRY FORWARDS FROM CENTRAL CONTINGENCY pdf icon PDF 88 KB

Minutes:

Report FSD18050

 

The report requested approval for drawdown from the central contingency of underspends carried forward from 2017/18 to be allocated to the Resources, Commissioning and Contract Management Portfolio.  The total sum relating to the Portfolio being requested this cycle was £815,000.  £38,000 of this was funded by government grant providing a net carry forward of £777,000.

 

Action Point 4: That Officers seek clarification surrounding the drawdown in relation to the Biggin Hill Airport Noise Action Plan as it had been widely understood that the airport would pay these costs.

 

The Director of Finance also agreed that following the meeting he would  confirm the level of drawdown for GDPR.

 

Action Point 5: that the Director of Finance confirm the level of drawdown for GDPR.

 

RESOLVED: That the Resources, Commissioning and Contracts Portfolio Holder be recommended to agree the drawdown from the Central Contingency of the 2017/18 carry forward sums totalling £777,000.