Issue - meetings

Mid year Budget monitoring report

Meeting: 16/10/2023 - Nonsuch Park Joint Management Committee (Item 16)

16 Mid year Budget monitoring report pdf icon PDF 230 KB

This report advises the Nonsuch Park Joint Management Committee of the mid-year financial position for 2023/24 and the forecast outturn.

 

Additional documents:

Minutes:

The Committee received a report advising the Committee of the mid-year financial position for 2023/24 and the forecast outturn.

The Committee considered the following matters:

a)            Leasing of Mansion Flats. In response to a question from a Member, the Head of Property and Regeneration explained that 1 of the three Mansion House flats is used for temporary accommodation by Epsom & Ewell Borough Council (EEBC) Housing, with the other two being leased to Bovingdons. The Head of Finance explained that leasing the flat through EEBC Housing provides stable income, which would not be the case were the flat to be rented privately.

b)            Filming in the Park. In response to a question from a Member, the Streetcare Manager explained that the Park is often used for film productions. She explained that Bovingdons takes income for any filming taking place within the Mansion or the gardens in front of the Mansion, with the Committee receiving income for any use of the Park outside of the Mansion or the gardens, such as the car parks.

Following consideration, the Committee unanimously resolved to:

(1)          Note the mid-year financial position.