Agenda and minutes

Consider minute of the meeting held on 15 June 2021.  (Copy attached.)

There had been circulated copies of the Minutes of 15 June 2021.  

DECISION

NOTED the Minutes.

Consider report from Executive Director Finance and Regulatory.  (Copy attached.)

BUDGET MONITORING REPORTS FOR 3 MONTHS TO 30 JUNE 2021

There had been circulated copies of a report by the Executive Director Finance & Regulatory detailing income and expenditure for the William Hill Trust Fund for three months to 30 June 2021.  The report provided the projected income and expenditure for 2021-22 which showed a projected surplus of £670.  The Pensions and Investments Manager noted that the Aegon Asset Management Investment Fund had performed as anticipated.  

            DECISION

            AGREED:-

(a)     the projected income and expenditure for 2021/22 in Appendix 1 to the report as the revised budget for 2021/22;

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

(c)     to note the current position of the Aegon Asset Management Investment Fund in Appendix 3 to the report.

Consider information requested from meeting held on 15 June 2021.  (Copy attached.)

GRANT SUMMARY

            With reference to paragraph 3 of the Minute of the meeting held on 15 June 2021, there had been circulated copies of a summary of grants and donations made by the William Hill Trust since 2006/2007.  Members were grateful for the information and noted that the spreadsheet had not been presented clearly in the agenda pack.  Members thanked the Pensions and Investments Manager for the information and requested it to be resent in a spreadsheet format.

DECISION

AGREED:-

            (a)        to note the information in the grant summary; and

            (b)       that information be resentto members in a spreadsheet.

Consider application from Melrose and District Community Council.  (Copy attached.)

            APPLICATION FOR FINANCIAL ASSISTANCE

            There had been circulated copies of an application for financial assistance from Melrose and District Community Council.  The application requested financial assistance of £1048.80 to upgrade Christmas light equipment.  The total cost of the project was £2548.80 and an application had already been made to the Eildon Community Fund for £1,500.  Members were happy to support the application

DECISION

AGREED to award a grant of £1048.80 to Melrose Community Council.