Agenda item

Joint Report of the Chamberlain and the Executive Director Environment.

The Committee considered a joint report of the Chamberlain and the Executive Director Environment presenting the revenue and capital budgets for the West Ham Park Committee for 2023/24 for approval,

A Member noted that there continued to be a staff vacancy. Members were informed that the vacancy had been advertised, however, it had been difficult to fill positions in the current employment market.

RESOLVED, that Members -

a)    review and approve the West Ham Park Committee’s proposed revenue budget for 2023/24 for submission to Finance Committee;

b)    review and approve the West Ham Park Committee’s capital and supplementary revenue projects budgets for 2023/24 for submission to Finance Committee;

c)    agree that amendments for 2022/23 and 2023/24 budgets arising from changes to recharges or for any further implications arising from corporate contracts, Target Operating Model (TOM), energy price increases, changes to the Cyclical Works Programme (CWP) and capital charges during budget setting be delegated to the Chamberlain in consultation with the Executive Director Environment; and

d)    note that the draft budget does not include estimated increases in energy costs which are currently being reviewed in light of changing market prices with budgets to be adjusted once a final agreement on energy forecasts is made.