Agenda item

Report of the Chamberlain.

The Committee considered a report of the Chamberlain concerning the Policy Initiatives Fund (PIF) and the Committee’s contingency for 2015/16.

The Finance Director advised that the balance of the PIF was currently £187,300 and not £162,300 as specified. The figure had been adjusted to take into account the £10,000 for the Aviation Policy agreed earlier this day and the fact that funding previously proposed for the Commonwealth Local Government Forum and the REMIX Summit was no longer required.

RESOLVED: that the content of the report be noted, including the revised balance of £187,300 for the PIF.