The Director of Finance presented a report estimating the Collection Fund for the year ending 31 March 2010 which had to be notified to the precepting Authorities by 22 January 2010.

The Leader of the Council commented that with the backdrop of one of the worst recessions for many years, having a balanced collection fund was a good position to be in.

Resolved - That the declaration of an estimated balanced position for the Collection Fund for the year ending 31 March 2010 be noted.