Issue - meetings

INSURANCE FUND - ANNUAL REPORT 2017/18

Meeting: 11/10/2018 - Executive, Resources and Contracts Policy Development and Scrutiny Committee (Item 56)

56 INSURANCE FUND - ANNUAL REPORT 2017/18 pdf icon PDF 141 KB

Minutes:

Report FSD18076

 

Following the conclusion of the 2017/18 Audit of Accounts, the Committee considered a report advising Members of the position of the Insurance fund as at 31st March 2018 and presenting statistics relating to insurance claims for the last two years.  In 2017/18, the total Fund value increased slightly from £3.4m to £3.7m.  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 2019 was likely to remain approximately the same.

 

RESOLVED: That the Portfolio Holder be recommended to note the report.