Agenda item

Revenue & Capital Budgets - Open Spaces & City Gardens 2017/18 & 2018/19

Report of the Director of Open Spaces.

 

Minutes:

The Committee noted an update on the latest approved revenue budget for

2017/18 and seeks your approval for a provisional revenue budget for 2018/19, for

subsequent submission to the Finance Committee. The budgets have been

prepared within the resources allocated to the Director and overall the provisional Original budget for 2018/19 totals £2.044M, a decrease of £17,000 compared with the latest approved budget for 2017/18.

 

In response to a query Members were informed that the main reasons for this decrease are due to an increase of £91,000 in other grants, reimbursements and contributions, a decrease of £102,000 in supplies and services, off-set by an increase of £40,000 in the City Surveyor’s Repairs & Maintenance costs, and a reduction of £145,000 in income from Learning Recharges (mainly due to the fall-out of the carry forward).

 

Resolved – that the update be received.

 

 

Supporting documents: