Issue - meetings

Change in contribution to the Bury Pooled Fund

Meeting: 24/03/2021 - Cabinet (Item 61)

61 Change in contribution to the Bury Pooled Fund pdf icon PDF 152 KB

A report from the Leader and Cabinet Member for Finance and Growth is attached.

Minutes:

Councillor Eamonn O’Brien, the Leader of the Council and Cabinet Member for Finance and Growth, presented the urgent report regarding additional health funding which had become available. He clarified that the funding totalled £4.5m, correcting a typo on the first page of the report. In order to benefit from this across Bury Council and Bury NHS Clinical Commissioning Group (CCG), it was noted that a change in the contributions to the pooled fund by both organisations in 2020/21 and 2021/22 was needed.

 

Decision:

To approve a variation in financial contributions to the pooled fund for 2020/21 and 2021/22 of £4.5m as set out in the report.

 

Reasons for the decision:

This decision is needed to be made in advance of the financial year end in order to secure the funding totalling £4.5m.

 

Other options considered and rejected:

None; a similar opportunity was used in March 2020 to access surplus funding.