Agenda item

Policy Initiatives Fund and Committee Contingency

Report of the Chamberlain.

Minutes:

The Committee considered a report of the Chamberlain which provided an update on those projects and activities which had received funding from the Policy Initiatives Fund (PIF), the Policy and Resources Committee’s Contingency Fund, Committee’s Project Reserve, COVID19 Contingency Fund, and Brexit Contingency Fund.

 

It was clarified that, in respect of the recommendation to transfer £500,000 to the COVID Contingency Fund, the Committee’s approval was being sought specifically in respect of £200,000 from the uncommitted 2020/21 carry forward of PIF underspend. The remaining £300,000 was the subject of a separate request to the Finance Committee for monies from that Committee’s Contingency Funds.

 

RESOLVED: That:-

1.         The report be received and its content noted.

2.         £200,000 from the uncommitted 2020/21 carry forward of PIF underspend be transferred to the COVID Contingency Fund.

Supporting documents: