Issue - meetings

RESOLVED –

1)   That the report be noted and the Statement of Accounts be approved.

2)   That the carry forward requests be approved. 

The Treasurer to the Committee and the Bereavement Services Manager submitted a report on the final accounts of the Joint Committee for the year ended 31 March 2017, including revenue account and balance sheet.

The report noted that at year end there had been a surplus of £616,559 and outlined the areas where there had been variances from the approved budget.

In addition, the report contained a table detailing the schemes that required carry forward requests to 2017/18.

Information was given on six useable reserves shown in the balance sheet:

·        Revenue Reserve

·        Mercury Abatement Reserve

·        Equipment Reserve

·        Organ Reserve

·        Cremator Repairs Reserve

·        Capital Improvement Reserve

A redistribution of £1,621k has been made to the constituent authorities. This was made up of £616k surplus on 2016/17, £455k accumulated surpluses in the Revenue Reserve and £550k from the unallocated balances of the Capital Improvement Reserve (approved at meeting on the 20 March 2017).

RESOLVED –

1)   That the report be noted and the Statement of Accounts be approved.

2)   That the carry forward requests be approved. 

REASON FOR DECISIONS

To ensure that Chesterfield and District Joint Crematorium Committee approves the Statement of Accounts for 2016/17 and that a balanced revenue budget is maintained for 2017/18.