Agenda item

Joint report of the Chamberlain and the Director of Community and Children’s Services.

Members received a joint report of the Chamberlain and the Director of Community and Children’s Services which sought approval for the City of London Almshouses revenue budget for 2014/15.

The Chamberlain reported that the budget indicated a deficit of £26,000 owing to an increase in repairs and maintenance projects and, in response to a Member’s query, he confirmed that the Almshouses funds were held separately. A Member requested a longer term programme of works be put together for future reports, and officers confirmed that one was being developed alongside the Asset Management Strategy.

RESOLVED – That the 2014/15 revenue budget be approved.