Agenda item

The Joint Committee considered a joint report of the Museum Director and Treasurer regarding the Revenue Outturn 2012/2013 (for copy see file of Minutes).

Members were informed that there had been a reduction in audit fees and debt charges were less than the revised estimate due to lower interest rates.

Resolved:

(i)      That the Revenue Outturn and variations for 2012/2013 be noted.

(ii)      That the Capital Development Reserve position for 2012/2013 and the forecasted position for 2013/14 be noted.