Issue - meetings

Budget Monitoring

Meeting: 23/06/2011 - Worcestershire Shared Services Joint Committee (Worcs Shared Services Partnership was dissolved on 31st March 2016. A new partnership was agreed on 1st April 2016 Worcs Regulatory Services Board) (Item 8)

8 Worcestershire Regulatory Services Joint Committee Budget Monitoring - June 2010 to March 2011 PDF 81 KB

Additional documents:

Minutes:

The Committee considered a report which detailed the financial position for the period June 2010 to March 2011. The report reflected the final position for the financial year 2010 / 2011 subject to external audit review in July / August 2011.

The Executive Director, Finance and Corporate Resources, Bromsgrove District Council introduced the report and informed the Committee that the formal Statement of Accounts would be presented to the next meeting of the Joint Committee. The report requested that Members considered the savings accrued during the year and the proposal to return 50 percent of this saving to the participating member authorities.

The Executive Director, Finance and Corporate Resources, Bromsgrove District Council responded to Councillor P. Grove, Malvern Hills District Council regarding miscellaneous expenses.

Further discussion followed on the budget monitoring and the need for more detailed information to be provided on miscellaneous expenses.

RESOLVED:

(a) that the financial position for the period June 2010 to March 2011 be noted; and

(b) that the refund of £300,000 to the participating Councils from the 2010 / 2011 underspend based on the original 2010 / 2011 partner shares, as set out below, to be repaid in 2011 / 2012, be approved.

	% Share	Repaid
		2011/12 £

Bromsgrove	10.45%	31,363
City	12.31%	36,929
County	28.90%	86,700
Malvern Hills	9.78%	29,328
Redditch	10.40%	31,191
Wychavon	17.59%	52,780
Wyre Forest	10.57%	31,710
		300,000