Issue - meetings

The Committee resolved:

to approve the recommendations, on the basis that the Head of Finance would exercise delegated powers granted under in recommendation (b) following consultation with the Convener.

The Committee had before it a report by the Head of Finance which explained the budget available for transformation, how it would be accessed and spend monitored, and how the realisation of benefits would also be monitored. The Head of Finance also advised that item 7.3 on the agenda, on an Outline Business Case for Assets, would be reported to the next meeting.

The report recommended:

That the Committee:

(a)       allocate £250,000 from the Transformation Fund for initial set up costs;

(b)       authorise the Head of Finance to approve requests for spend against the above £250,000 budget and report back on its use;

(c)        agree that the costs of the Transformation Lead be met from the Transformation Fund from this juncture;

(d)       note the current uncommitted balance against the fund, subject to the approval of recommendations to be determined this day; and

(e)       otherwise note the report.

The Committee agreed:

to approve the recommendations, on the basis that the Head of Finance would exercise delegated powers granted under recommendation (b) following consultation with the Convener.