Agenda item

Joint report of the Chamberlain, the Director of the Town Clerk’s Office and Police Authority, the Director of Innovation and Growth, the Director of Environment and the Director of Community and Children’s Services.

Members received a joint report of the Chamberlain and the Town Clerk in respect of the Culture, Heritage and Libraries Revenue and Capital Budgets.

The Head of Tower Bridge and the Monument, and the Group Accountant, informed the Committee that the recommendation for the joint report was for the Committee to agree the Budget with the exception of the Monument for 2021/22 and 2022/23. The Monument was in a deficit position and would be unable to meet its pre-pandemic income targets.

Members felt that the Monument’s budget position should be further analysed in order to explore possibilities to ease the pressure on the budget, and agreed that authority to agree the next steps should be delegated to the Town Clerk, in consultation with the Chair and Deputy Chairman.

RESOLVED, that – authority to proceed be delegated to the Town Clerk, in consultation with the Chair and Deputy Chairman.