Decision details

Economy & Growth Budget 2021/22

Decision Maker: Economy and Growth Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To receive a report on the capital and revenue budgets for 2021/22 and to note or approve virements and supplementary estimates as required.

Decisions:

Paul Goodwin attending the meeting via Microsoft Teams and introduced the item to the Committee.

 

The Committee noted that the budget included Public Rights of Way (PRoW) budget lines and under the Terms of Reference (ToR) this area of work fell under the remit of the Highways and Transport Committee.  Peter Skates, Director for Growth and Enterprise advised the Committee that this was due to the allocation of budgets rather than aligning with specific Committees.

 

There was some discussion about Crewe Town Board and the Handforth Garden Village, and a figure of £2million identified in Medium Term Financial Strategy (MTFS) was raised to determine if this was now available for other projects following recent announcements of funding in Crewe.  Peter Skates agreed to give written responses to the queries.

 

The Committee asked about the status of the Development of a Transit Site, Karen Carsberg, Housing Strategy Manager advised this work was progressing and was currently awaiting a date to be scheduled for the Committee.

 

The was agreement within the Committee that further training on finance and financial matters would be valuable.

 

RESOLVED: That:

 

a)    the decision of the Finance Sub-Committee to allocate the approved capital and revenue budgets, related policy proposals and earmarked reserves to the Economy and Growth Committee be noted;

b)    the Medium Term Financial Strategy (MTFS) timelines be noted; and

c)    the supplementary estimates and virements be noted.

Publication date: 26/07/2021

Date of decision: 15/07/2021

Decided at meeting: 15/07/2021 - Economy and Growth Committee

Effective from: 27/07/2021

Accompanying Documents: