Decision details
Use of reserve funding to support Hereford Transport and South Wye Transport Package Review
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
For Cabinet to approve the amendment of £360k from the financial resilience earmarked reserve to fund costs associated with the review of the Hereford Transport and South Wye Transport Package to be completed by 31 July 2020.
Decision:
That:
(a) Cabinet approves the amendment of the financial resilience reserve reducing by £360k to fund the costs to complete the review work associated with the Hereford Transport and South Wye Transport Package.
Alternative options considered:
1. To not approve the recommendation would mean that the cost to complete the work required would require funding from alternative source, this funding source would need to be identified.
Wards Affected: (All Wards);
Contact: Josie Rushgrove, Head of corporate finance Email: jrushgrove@herefordshire.gov.uk Tel: 01432 261867.
Publication date: 30/01/2020
Date of decision: 30/01/2020
Effective from: 06/02/2020
Accompanying Documents: