Issue - meetings

NJMC Finance Report & Budget 2020/21

Meeting: 24/02/2020 - Nonsuch Park Joint Management Committee (Item 22)

22 NJMC Finance Report & Budget 2020/21 pdf icon PDF 72 KB

This report provides an updated forecast for 2019/20 and seeks the Joint Management Committee’s approval of both the 2020/21 budget and the recommended precept to be levied on the constituent authorities.

Additional documents:

Minutes:

The Committee received a report providing an updated forecast for 2019/20 and seeking the Joint Management Committee’s approval of both the 2020/21 budget and the recommended precept to be levied on the constituent authorities.

Following consideration, it was resolved:

That the Committee:

(1)          Noted the latest 2019/20 forecast position;

(2)          Agreed the revenue budget for 2020/21 as set out in Annexe 1;

(3)          Agreed to seek contributions of £103,430 from both Epsom and Ewell Borough Council and the London Borough of Sutton for the financial year 2020/21.