Agenda item

Report from the Executive Director of Corporate Services.

Recommendations

That Cabinet:

1.    Note the current General Fund Revenue Budget forecast overspend of £2.9m.

2.    Note the updated position of the Capital Programme.

3.    Approve the capital budget variations as detailed in Section 2.17 of the report.

4.    Note early payment of £3.052m grant from the Transport for City Regions (TCR) fund, as detailed in section 2.18.5 of the report.

5.    Note the allocation of City Region Sustainable Transport Settlement (CRSTS) Revenue Fund grant from South Yorkshire Mayoral Combined Authority (SYMCA) as detailed in 2.24 and delegate the decision to allocate and spend all future tranches to the Service Director of Planning, Regeneration and Transport in consultation with the Section 151 Officer and the Cabinet Member for Transport, Jobs and the Local Economy.