Decision details

Insurance Fund Budget 2011-12

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


A report by the Director of Finance set out the elements which make up the Insurance Fund, the cost of running the Risk and Insurance Section and the Budget for 2011/12.  The headline from the Budget was a reduction in estimated insurance costs for 2011/12 of almost £0.9 million (22%), partly due to the better terms arising from a major procurement exercise and continuing improvements in the claims experience.




(1)  the Insurance Fund Budget 2011/12 be agreed;


(2)  savings of £588,000 to the General Fund and £285,000 to Schools in 2011/12 be agreed; and


(3)  the Director of Finance and his team be thanked for their hard work.


Publication date: 30/11/2010

Date of decision: 25/11/2010

Decided at meeting: 25/11/2010 - Cabinet

Effective from: 04/12/2010

Accompanying Documents: