Issue - meetings
Distribution of Surplus
Meeting: 26/09/2023 - West Mercia Energy Joint Committee (Item 59)
59 Distribution of Surplus 
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Report of Treasurer
Contact: James Walton (01743 258915)
Decision:
That the retention of accumulated surplus of £1.806 million be approved.
That the distribution of accumulated surplus of £1.433 million, in accordance with the provisions of the Joint Agreement be approved.
Minutes:
The Treasurer presented the report which recommended the level of distribution of surplus held on 31 March 2023 to the Member Authorities.
RESOLVED:
That the retention of accumulated surplus of £1.806 million be approved.
That the distribution of accumulated surplus of £1.433 million, in accordance with the provisions of the Joint Agreement be approved.