Agenda item

Report of the Chamberlain and the Director of Community and Children’s Services

The Committee considered a joint report of the Chamberlain and the Director of Community and Children’s Services presenting the annual submission of the revenue budgets overseen the Committee and seeking approval for the 2019/20 latest revenue budget and proposed revenue budget for 2020/21 for subsequent submission to the Finance Committee. The Committee noted that the 2020/21 provisional revenue budget was subject to the approval of the revised 5-year Funding Agreement in respect of Gresham College.

RESOLVED – That Members:

i)              Having reviewed the 2019/20 revenue budget, confirm that it reflects the Committee’s objectives and approve the budget for submission to the Finance Committee; and

ii)             Having reviewed the proposed 2020/21 revenue budget, confirm that it reflects the Committee’s objectives and, subject to the approval of the revised 5-year ‘Funding Agreement’, approve the budget for submission to the Finance Committee.