Issue - meetings

Budget Monitoring

Meeting: 10/11/2017 - Joint Waste Collection Services Committee (Item 12)

12 Budget Monitoring pdf icon PDF 264 KB

Additional documents:

Minutes:

The Committee was advised that the CMO budget had been revised in line with expectations resulting in a proposal of £638,712 for the 2017/18 budget.

 

There had been issues related to VAT with regard to Surrey Heath invoicing the partner authorities for their share totalling £159,678. The Committee was informed that the VAT issues had been resolved and therefore Amey could invoice Surrey Heath on one bill and then Surrey Heath would invoice each partner authority separately.

 

More work was being carried out on the phased guarantee over the10 years of the contract.

 

Resolved that the report be noted.