72 Insurance Fund - Annual Report 2016/17 PDF 128 KB
Minutes:
Report FSD17082
Following the conclusion of the 2016/17 Audit of Accounts, the Committee considered a report advising Members of the position of the Insurance fund as at 31st March 2017 and presenting statistics relating to insurance claims for the last two years. In 2016/17, the total Fund value increased slightly from £3.1m to £3.4m. A mid-year review of the Fund had also been carried out and, at this stage, it was estimated that the final fund value as at 31st March 2018 was likely to increase further to around £3.6m.
RESOLVED: That the Portfolio Holder be recommended to note the report.