Issue - meetings
Distribution of surplus
Meeting: 20/09/2024 - West Mercia Energy Joint Committee (Item 89)
89 Distribution of surplus 
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Report of Treasurer
Contact: James Walton
Decision:
That the retention of accumulated surplus of £1.805 million be approved.
That the distribution of accumulated surplus of £2.438 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 2024 to the Member Authorities.
RESOLVED:
1. That the retention of accumulated surplus of £1.805 million be approved.
2. That the distribution of accumulated surplus of £2.438 million, in accordance with the provisions of the Joint Agreement be approved.