Agenda item

Report of the Chamberlain.

The Committee considered a statement of the Chamberlain on the use of the Policy Initiatives Fund (PIF) and Committee Contingency for 2017/18.

Concern was expressed about the PIF being exhausted at such a critical time and also with six months left to the end of the financial year. The Chairman suggested that in order to continue to support the City Corporation’s aims and objectives from this source a sum of £200,000 be transferred to the PIF from the Committee’s contingency. Members supported her suggestion.

RESOLVED – That the statement be noted and that a sum of £200,000 be transferred to the PIF from the Committee’s 2017/18 contingency.