Issue - meetings

To consider and agree Budget Revision 2

5.1          Members received the report from the Finance Director who highlighted the key aspects of the report before inviting comments and questions from Members.

Resolved:

1)   That the financial performance in the seven-month period to October 2021 be noted;

2)   That the Revision 2 Budget be approved;

3)   That the submission for incremental grant be noted and that the budget may need to be increased once the additional funding request to DfT has been confirmed;.

4)   That the compliance with Treasury Management Strategy be noted;

5)   That the proposal to continue to opt in to the PSAA regime through which TfN’s external auditors are appointed be approved.