Issue - meetings

Insurance Fund Budget 2010-11

Meeting: 14/01/2010 - Cabinet (Item 271)

271 Insurance Fund Budget 2010-11 pdf icon PDF 88 KB


The Director of Finance gave details of the elements which made up the Insurance Fund, the cost of running the Risk and Insurance Section and the budget for 2010/11. The headline from the Budget 2010/11 report was a reduction in estimated insurance costs for 2010/11 of £0.8 million which came partly as a result of extensive work undertaken with schools.


Resolved – That,


(1) the Insurance Fund Budget 2010/11 be agreed; and


(2) the savings of £430,000 to the General Fund and £350,000 to Schools in 2010/11 be agreed.