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Issue - meetings

Finance Update

Meeting: 19/10/2022 - Downs Committee (Item 27)

27 Finance Report pdf icon PDF 91 KB


The Finance Officer introduced the report and gave an update on the Committee’s finances up to period of July. Discussion points are as follows:

·       Members asked if staffing costs were listed in the budget and were advised that this couldn’t be broken down as lots of teams provide services to the Downs.

·       It was noted that the Committee had previously used the council’s reserve funds when the budget was in deficit but hoped that income generated from various events would bridge the gap in future