BUDGET AMENDMENT
· Remove subsidised councillor bus passes and cycle mileage so as to save £0.010m and allocate this to the climate assembly action capital fund, taking the annual revenue total up to £0.110m, and to create a further capital pot of £0.130m from this additional revenue, taking the total pot up to £1.43m.
Proposed by Cllr Miller Seconded by Cllr Bell
Chief Finance Officer Comments
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The asset life assumed for any items funded by the additional financing budget created by this amendment is the same as that assumed for the original proposal (i.e. an average of 15 years). It should be noted that any changes to the Members Allowance Scheme will need to be referred to the Independent Remunerations Panel (IRP) and a report submitted to full Council for approval. |