Agenda item

Dearne Area Council Financial Position and Progress of Projects (Dac.15.05.2017/5)

Minutes:

The Area Council Manager drew attention to the report, referring to financial commitments in 2016/17, including that associated with the Dearne Development Fund.

 

It was noted that the Dearne Development Fund was underspent within 2016/17, but plans had been made for this to be carried forward to 2017/18, subject to necessary approvals.

 

Members noted that, due to approximately £13,000 of Fixed Penalty Notices, the figure expected to be carried forward to 2017/18 financial year was £16,478.

 

Taking into account the carry forward figure, the annual budget allocation, and commitments already made, Members noted that Area Council had £72,499 unallocated for use in 2017/18.

 

In addition, a brief update was provided on the Railway Embankment Project.  The Area Council Manager had attended a Network Rail event to speak about the project, with many of the audience being suitably impressed and enquiries were made to visit.  Initial drawings for the access into site had been produced, with detailed drawings subsequently being developed by the architects.

 

Members heard how an application had been submitted to Tesco Superstore in Wath, and the project had been shortlisted.  Subject to voting in store, it was due to receive £1-4,000.

 

RESOLVED that the report be noted.

 

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