Issue - meetings

Budget Revision Update

Meeting: 04/11/2021 - Scrutiny Committee (Item 4)

4 Budget Revision Update pdf icon PDF 508 KB

To consider the report of the Finance Director.

Additional documents:

Minutes:

4.1          Members received the report from the Finance Director who highlighted the key elements of the report, specifically the impact that the delayed publication of the Integrated Rail Plan (IRP) is having. 

 

4.2          Members expressed their concerns over the delayed IRP and considered what they might be able to do to speed up its publication.

 

The Interim Strategy & Programme Director explained that unofficial indications from Government suggest that the IRP is expected to be published in November. He highlighted that the delay is impacting on major projects as well as other enhancements on the rail network.

4.3          The Chair urged that the IRP be published as soon as possible.

Resolved:

That the Committee note the financial performance in the six months to September 2021 and that Budget Revision 2 will be finalised and presented to the November Board.