Joint report of the Chamberlain and Director of Community & Children’s Services.
Members received a joint report of the Chamberlain and the Director of Community and Children’s Services in respect of the latest approved budget for the Revenue and Capital Budgets. Members were asked to note the increase in the employee budget and repairs and maintenance, and the explanations thereon. The Chamberlain also drew Members attention to an error in the report in that the number of commercial bays with Deutsche Bank was 23 and not 15.
In response to questions the following points were noted:
RESOLVED, That – the Revenue and Capital Budgets – Latest Approved Budget for 2018/19 and Original 2019/20 be noted prior to its recommendation to the Barbican Residential Committee on 10th December 2018.