Agenda item

Financial Position of City Bridge Trust In Respect of the Period Ended 31st December 2019

Report of the CGO and the Chamberlain


The Committee received a report of the CGO setting out City Bridge Trust’s financial position against budget for the period ended 31st December 2019.


In response to a query from a Member, the CGO advised the Committee on the difference in financial position following the shift to five-year grants under the Bridging Divides strategy and assured that organisations were not receiving less capital per annum as a result.


RESOLVED – That the report be noted.

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