Decision details

Budget, Performance and Expenditure Review

Decision Maker: Environment and Sustainable Communities Committee, Investment Committee

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To review the environmental budget performance monitoring to Q3; to recommend any adjustments to expenditure profiles to optimise spend in 24/25; to consider outcome of Opportunity Fund bidding round.

Decision:

RESOLVED:

A.    To note the financial position of the Environment and Sustainable Communities Division for the financial year 24/25 to the end of the third quarter, December 2024.

B.    To recommend to the Investment Committee that up to £100k additional capital funding be allocated from the Climate Capital fund to the Opportunity Fund to ensure the original £1m is fully allocated as set out in section 5.

C.   To note the financial forecast to year end in 31 March 2025.

 

Report author: Tim Greenwood

Publication date: 10/03/2025

Date of decision: 26/02/2025

Decided at meeting: 26/02/2025 - Environment and Sustainable Communities Committee

Accompanying Documents: