Scottish Borders Council

Agenda and draft minutes

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Contact: Fiona Henderson, Democratic Services Officer Tel: 01835826502  Email: fhenderson@scotborders.gov.uk

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Items
No. Item

1.

Minute. pdf icon PDF 117 KB

Minute of Meeting of 15 June 2021 to be agreed and signed.   (Copy attached.)

 

Minutes:

         MINUTE

         There had been circulated copies of the Minute of the Kelso Common Good Fund Sub-Committee held on 15 June 2021. 

 

         DECISION

         AGREED to note the Minutes for signature by the Chairman.

 

2.

Monitoring Report for 3 months to 30 June 2021 pdf icon PDF 284 KB

Consider report by Chief Financial Officer.  (Copy attached.)

 

Minutes:

          MONITORING REPORT FOR 3 MONTHS TO 30 JUNE 2021  

There had been circulated copies of a report by the Executive Director, Finance & Regulatory providing details of the income and expenditure for the Kelso Common Good Fund for three months to 30 June 2021, a full year projected out-turn for 2021/22, and projected balance sheet values as at 31 March 2022.  Appendix 1 to the report provided the projected Income and Expenditure position for 2021/22 which showed a surplus of £6,611 for the year.  Appendix 2 to the report provided a projected balance sheet value as at 31 March 2022 and showed a projected decrease in reserves of £52,518.  Appendix 3(a) to the report provided a breakdown of the property portfolio showing projected rental income and projected net return for 2021/22 and actual property income to 30 June 2021.  Appendix 3(b) provided a breakdown of the property portfolio showing projected property expenditure for 2021/22 and actual property expenditure to 30 June 2021.  Appendix 4 provided a breakdown of the property portfolio showing projected property valuations at 31 March 2022.  Appendix 5 detailed the value of the Aegon Asset Management Investment Fund to 30 June 2021.  The Pension & Investment Manager highlighted the main points in the report, answered Members questions and advised that Aegon Asset Management would be presenting to members on the Council later in the year.  

 

DECISION

(a)                                                                                 NOTED the :-

(b)                                                                                  

(a)       projected income and expenditure for 2021/22 in Appendix 1;

 

(b)       projected balance sheet value as at 31 March 2022 in Appendix 2;

 

(c)       summary of the property portfolio in Appendices 3 and 4; and

 

(d)       current position of the Aegon Asset Management Investment Fund in Appendix 5.

 

 

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