Issue - meetings

Report of the Leader detailing Budget Matters – Grant Funding for Southampton Culture Trust.

DECISION MADE: (CAB 22/23 33674) On consideration of the report of the Cabinet Member for Finance and Change, Cabinet agreed the following:

(i)  To approve the award of grant funding of £0.07M in 2022/23, £0.35M in 2023/24, £0.044M in 2024/25 and £0.40M in 2025/26 towards the operation of the Southampton Culture Trust as per the allocations in the Council approved budget report and detailed in paragraph 12.

(ii)  To delegate authority to the Head of Culture & Tourism to conclude the grant funding arrangements with the Trust as per paragraph 12.

(iii)  To approve a £50k contribution to the Trust to carry out a Tourism audit and action plan as per paragraph 12.

To consider key financial decisions relating to the acquisition of vehicles through purchase or lease. 

DECISION MADE: (CAB 22/23 33674)

On consideration of the report of the Cabinet Member for Finance and Change, Cabinet agreed the following:

To Delegate authority to the Executive Director – Finance and Commercialism, to decide on whether purchase or lease arrangements offer the best value for money for procuring council fleet vehicles. This delegation will be exercised following consideration of a business case and after consultation with the Executive Director of Communities, Culture and Homes and the Cabinet Member for Finance and Change.