Agenda item

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 2023/24 and the projected level of reserves and balances at 31 March 2024 (for copy see file of minutes).

Town Councillor D Ranyard referred to the capital programme and queried the reason why improvement work to the garden fountain had stopped. The Bereavement Services Manager and Registrar explained that Northumbrian Water had stopped the work as additional work was required with regards to compliance and the cost for a new fountain had exceeded previous estimations, therefore work was currently on hold.

Resolved:

That the April 2023 to March 2024 financial monitoring report and associated provisional revenue and capital outturn positions at 31 March 2024, including the projected year position with regards to the reserves and balances of the Joint Committee be noted.