Agenda item

Update on BHE Contingency Funds*

Report of the BHE & Charities Finance Director


The Board received a report of the BHE & Charities Finance Director providing the BHE Board with an update on the BHE Central Contingency balances held for 2022/23 and providing detail of new requests being made against these balances.


RESOLVED – That the BHE Board, in discharge of functions for the City Corporation as Trustee of Bridge House Estates (charity reg. no. 1035628) and solely in the charity’s best interests:


i)              Note the BHE Contingency budgets currently held for 2022/23; and,


ii)             Note that £123,000 is requested from the CAS Contingency Fund, presented in Item 6 on the agenda to enable delivery of the revised Year 2 Programme.

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