Agenda item

Joint Report of the Corporate Director of Neighbourhoods and Climate Change and Corporate Director of Resources and Treasurer to the Joint Committee

The Joint Committee received a joint report of the Corporate Director of Neighbourhoods and Climate Change and the Corporate Director of Resources and Treasurer to the Joint Committee that provided details of the provisional outturn position for 2022/23 and the projected level of reserves and balances at 31 March 2023 (for copy see file of minutes).

Town Councillor C Maddison noted the healthy reserve balance and asked if the donation to St. Cuthberts could be increased. The Chair explained that the donations were from members of the public from the sale of Christmas tree decorations provided by St. Cuthberts Hospice.

Responding to a query from Town Councillor D Ranyard regarding the chapel dome underspend, the Principal Accountant advised that capital spends were identified a year in advance and the cost previously reported was an estimate. The project had now been completed and final costs confirmed which was less than anticipated.

Resolved:

That the April 2022 to March 2023 financial monitoring report and associated provisional revenue and capital outturn positions at 31 March 2023, including the projected year position with regards to the reserves and balances of the Joint Committee be noted.