The Director of Finance presented a report which set out the elements which make up the Insurance Fund, the cost of running the Risk & Insurance Section and the budget for 2009/10.

The Leader of the Council congratulated the team involved in improving the position of the Insurance Fund.

Resolved - That

(1)  the continuing improvement in the position of the Insurance Fund be noted; and

(2)  the Insurance Fund budget for 2009-10 be agreed.