Report of the Chamberlain.
The Committee considered a Report of the Chamberlain concerning additional budgetary provisions.
RESOLVED – that the Committee approved the following:
· Approve additional budgetary provisions of up to £21.818m to provide internal
loan funding (as detailed above) to be drawn from the general reserves of City
Fund and City’s Cash.
· Agree that these loan facilities will be available from 2019/20 onwards, to be
drawn down as required over the life of the projects subject to other relevant
· Recommend approval of these budget increases by the Court of Common