Budget Council on 28th February 2022 agreed that funding would be identified within the 2022/23 Capital Programme to provide capital resource for community asset transfer of up to £500,000 in respect of library facilities and Climate Emergency Budget support of up to £125,000.

The report recommends that monies are vired from the property related Health and Safety Condition Surveys Budget.

Resolved – That a virement of capital funding of £625,000 from the Health and Safety Condition Survey programme be agreed to fund eligible capital works in relation to community asset transfer of up to £500,000 and to fund eligible capital works in relation to the climate emergency budget of up to £125,000.

To enable resources to be available for capital schemes in accordance with the decisions made by Budget Council on 28th February 2022.

The option of not viring monies could be considered but would be against the decision of Budget Council. Alternative options to vire from different capital schemes were considered but the condition survey heading is deemed the most appropriate source.