Issue - meetings

Future High Street Grant

Meeting: 05/11/2019 - Cabinet (Resources) Panel (Item 5)

5 Future High Streets Grant pdf icon PDF 139 KB

[To approve the creation of a supplementary revenue expenditure budget in respect of the Future High Streets Fund grant which has been awarded to the Council]

 

Decision:

That the establishment of a supplementary revenue expenditure budget of £150,000 within the 2019-2020 approved budget, with any unspent grant being applied in 2020-2021 be approved. This will have no effect on the Council’s net revenue budgets as the expenditure is fully funded by the Future High Streets Fund grant

Minutes:

The Panel was asked to approve the creation of a supplementary revenue expenditure budget in respect of the £150,000 Future High Streets Fund grant which had been awarded to the Council from the Ministry of Housing, Communities and Local Government.  The grant was to be used to develop an application for the second round of Future High Street Fund initiative that had the potential to attract £25 million capital funding.

 

Resolved:

That the establishment of a supplementary revenue expenditure budget of £150,000 within the 2019-2020 approved budget, with any unspent grant being applied in 2020-2021 be approved. This will have no effect on the Council’s net revenue budgets as the expenditure is fully funded by the Future High Streets Fund grant.