Issue - meetings

This report seeks approval to the 2017/18 budget and to the amounts to be recovered from the constituent bodies.

The Conservators received a report seeking approval to the 2017/18 budget and to the amounts to be recovered from the constituent bodies. The following matters were considered:

a)            Pension fund contribution. The Treasurer informed the Conservators that the estimated pension fund contribution within the budget had been increased from £28,000 to £30,000, but that it was uncertain whether this increase would actually be required.

b)            Fuel costs. The Conservators were informed that the budgeted amount of £9,000 for fuel costs included a buffer which would absorb an increase in fuel prices if they occurred.

Following consideration, the Conservators:

(1)          Agreed the budget as set out in Annexe 1 to the report, including a request for a 2.3% increase in precept from the constituent bodies as follows:

·                     Epsom and Ewell Borough Council: £227,890

·                     Epsom Downs Racecourse: £113,940

·                     Epsom and Walton Downs Training Board: £37,980