Issue - meetings

This report advises the Nonsuch Park Joint Management Committee of the mid-year financial position for 2018/19 and the forecast outturn.

Brendan Bradley (Chief Accountant EEBC) presented the mid-year Budget Monitoring Report to the Committee as set out in the report and Annex 1.

The Committee noted that there was an adverse variance of £16,437 forecast against the budget in the main due to unforeseen spend on essential maintenance. (detailed in the Planned Maintenance report agenda item 5).

As a result the forecasted balance working balance had reduced to £139,519.

Accordingly, The Committee noted the mid-year financial position.