Published: Thursday, 10th December 2020
The meeting was hosted via Zoom call on Tuesday evening.
Cabinet members recommended to Council that they approve proposed increases the Covid-19 emergency budget to fund additional support for residents and businesses most affected by the coronavirus crisis. This includes an additional £50,000 for the Covid-19 emergency housing budget to meet the ongoing need for homelessness support.
A review of the Council’s earmarked reserves saw several amendments recommended for approval by Full Council. Changes included separation of the Bridge Maintenance Reserve, as well as provision for extra funding for the Broadland Growth Reserve.
An exciting new project will start next year with the building of the Food Innovation Centre which a reserve was also recommended to Council.
The committee also agreed in principal to continue with Business Rates Pooling with other Norfolk authorities for 2021/22 although with the large risks involved will be making a final decision in January 2021.