Issue - meetings
Insurance Fund Budget 2010-11
Meeting: 14/01/2010 - Cabinet (Item 271)
271 Insurance Fund Budget 2010-11 PDF 88 KB
Minutes:
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.