Agenda item

Dearne Area Council Procurement and Financial Update (Dac.22.01.2018/5)

Minutes:

The Area Council Manager introduced the item, reminding Members of the starting balance at the beginning of the financial year, which stood at just over £218,000.  It was noted that approximately £217,000 of this had been allocated.

 

The unallocated finance, together with the finance returned from Fixed Penalty Notices and Parking Charge Notices left £4,321.96 remaining.

 

Assuming a starting balance of £200,000, and taking account of already committed funds, approximately £67,000 remained for use in 2018/19.

 

An update was provided on the Railway Embankment project, it was noted that updated drawings for the site had been received and forwarded to Network Rail.  £15,000 had been granted from Section 106 finance in order to provide benches and railings on site, and Dearne Valley Landscape Partnership had promised £20,000 for improved signage, bulbs, wildlife packs amongst other things.  Members noted that abuse of the site had greatly decreased of late, with residents taking more responsibility for the area.

 

With regards to the Dearne Development Fund, from a starting budget of around £81,000, Members noted that £5,444.62 remained.                                                                                                                            

 

RESOLVED that the updates and financial position be noted.

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