Issue - meetings

Meeting: 23/07/2021 - WMCA Board (Item 6.)

6. Financial Monitoring 2021/22 pdf icon PDF 271 KB

Presented By: Councillor Bob Sleigh


(1)      The financial outturn position as at 31 May 2021 was noted.


(2)      The earmarking of up to £0.5m reserves to support proposals subject to separate papers to the WMCA Board was noted.


(3)      The update on the Medium Term Financial Planning Process was noted.


(4)      A £12.2m Collective Investment Fund loan was approved, following its approval by the Investment Board.


(5)      The submission of the Phase 2 Business Case application to the Zero Emission Bus Regional Area scheme to the Department for Transport by 20 August 2021 was approved.