Issue - meetings
Coalville Special Expenses 2017/18 P8 Position/Forecaset Outturn and Draft 2018/19 Budget
Meeting: 11/01/2018 - Coalville Special Expenses Working Party (Item 22)
22 Coalville Special Expenses 2017/18 P8 Position/Forecast Outturn and Draft 2018/19 Budget 
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Report of the Leisure Services Manager
Additional documents:
Minutes:
The Leisure Services Team Manager presented the report to members, highlighting the current forecast underspent which represented a contribution to balances of just under £13,000. He explained this was mainly due to an increase in burial income of £7,000. He reminded members that it was prudent to retain 10% level of reserves and highlighted the slight increase in reserves forecast which could be allocated to a project.
Councillor M B Wyatt stated that he had spoken with a few local businesses and residents who had expressed support for the ides of ringfencing additional funding for events. He suggested that members may wish to consider increasing the precept and asked how much income an increase of 0.5% would generate.
The Chairman referred to the Cabinet report on the improvements for Marlborough Square which suggested that a minimum of 4 events would be taking place next year. He expressed interest in the funding arrangements for these events.
Following a discussion on the possibility of increasing the precept, it was agreed that the Leisure Services Team Manager would investigate this further and provide information to members.
Councillor M B Wyatt explained that he had asked the Monitoring Officer to look into whether the meetings of the Working Party could be open to the public. The Chairman stated that he had no problem with opening meetings to the public. Councillor D Everitt commented that this would be in line with parish councils.
RESOLVED THAT:
a) The 2017/18 P8 position and forecast outturn be noted.
b) The draft budget for 2018/19 be noted.